Land Economics articles from August 1997

Land Economics archives from August 1997

Cost efficiency in power procurement and delivery service in the electric utility industry.
August 1, 1997... I. INTRODUCTION The current flurry of electric utility industry restructuring initiatives is the result of either individual utilities seeking increased marketing opportunities, or regulators seeking to reduce significant rate differences...

Optimal Pigovian taxes under altruism.
August 1, 1997... Just as it is necessary to avoid the high-minded sentimentalism of assuming that all human beings... try constantly to promote some selfless "social good," it is also important to escape what may be called the "low-minded sentimentalism" of...

Modeling response incentives in dichotomous choice contingent valuation data.
August 1, 1997... I. INTRODUCTION Contingent valuation (CV) is a survey-based approach to measuring nonmarket values (Mitchell and Carson 1989; Bateman and Willis forthcoming). Participants in a CV exercise are given a scenario that describes a proposed...

Targeting tools for the purchase of environmental amenities.
August 1, 1997... I. INTRODUCTION How best to use public funds to purchase environmental amenities is an issue which has received little attention in the economics and public policy literature. Perhaps the lack of analysis reflects economists' collective...

Averting behavior and urban air pollution.
August 1, 1997... I. INTRODUCTION Designing effective public policy to deal with human health hazards requires understanding how behavior responds to changes in risk. If people adjust behavior to offset changes in risk, then: (1) actual health outcomes of a...

Economic theory and psychology of non-use values.
August 1, 1997... I. INTRODUCTION Both the Comprehensive Environmental Response, Compensation and Liability Act of 1980 (CERCLA, 42 USC 9601 et seq.) and the Oil Pollution Act of 1990 (OPA, 33 USC 2701 et seq.) provide a framework for the inclusion of...

Getting housing incentives right: a case study of the effects of regulation, taxes, and subsidies on housing supply in Malaysia.
August 1, 1997... I. WHY STUDY HOUSING INCENTIVES? Housing markets and their outcomes continue to engage academics, governments, and the general public around the world. Over the past twenty years many governments and virtually all international development...

Asymmetric information and the pricing of natural resources: the case of unmetered water.
August 1, 1997... I. INTRODUCTION Throughout the world, volumetric pricing of irrigation water - where water is priced based on the quantity (volume) of the water used - is the exception rather than the rule (Boss and Walters 1990); the reason being that...

The interface between agricultural assistance and the environment: chemical fertilizer consumption and area expansion.
August 1, 1997... I. INTRODUCTION Concerns about agricultural production and government farm sector assistance are increasingly juxtaposed against concerns for the environment. This is because government assistance continues to be an important feature of...

The gains from combining travel cost and contingent valuation data to value nonmarket goods.
August 1, 1997... I. INTRODUCTION Traditionally, contingent valuation and travel cost models have been viewed primarily as substitute valuation techniques. Depending on the type of resource and the value to be estimated, one of the two methods would be...

Forest Resource Economics and Finance.(Review)
August 1, 1997... by W. David Klemperer New York: McGraw-Hill, Inc., 1996, $62.91 cloth. 551pp. The audience for this book is undergraduate forestry students and practicing foresters. It is written at a level that assumes a minimum background of high...