The inclusion of non-monetary payments may be appropriate in developing countries. In this paper, we depart from this previous literature by adopting a non-excluding approach between two payment alternatives, which we claim is appropriate in urban, middle-or high-income settings. We adopt two...

Quantifying drought’s economic impacts has been key for decision-making to build future strategies and improve the development and implementation of proactive plans. However, climate change is changing drought frequency, intensity, and durability. These changes imply modifications of their...

En este artículo se utiliza un modelo de valor actual neto para obtener en forma conjunta la disposición a pagar (DAP) y la tasa de descuento intertemporal por un programa de conservación ambiental de la biodiversidad cuyos períodos de pago se extienden en el tiempo. Se realizan encuestas de...

Research on innovation strategy, which focuses on what type of innovation that firms decide to implement, has primarily focused on dichotomic (yes or no) options and is mostly based on the determinants of technological (product and process) innovations. This paper extends the study of innovation...

Spanish Abstract: En este artículo se utiliza un modelo de valor actual neto para obtener en forma conjunta la disposición a pagar (DAP) y la tasa de descuento intertemporal por un programa de conservación ambiental de la biodiversidad cuyos períodos de pago se extienden en el tiempo. Se...

This study evaluates the effects of two exogenous interventions targeting individuals with both pecuniary and nonpecuniary incentives, increasing the moral and monetary costs of residential water use. The first intervention consisted of a social information campaign appealing to norm-based...