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On monopoly rent.
February 1, 1991... On Monopoly Rent
As for monopoly rent, no-one, to our knowledge, has ever successfully stated the theory accurately enough--and the statement of the theory need not be that precise--for the theory of monopoly rent to be regarded as a genuine...
Commuting patterns and firm decentralization.
February 1, 1991... Commuting Patterns and Firm Decentralization
I. INTRODUCTION
Since most employed individuals must travel between home and work on a daily basis, work place commuting has provided the point of departure for the monocentric model of...
Nuclear power plants and the value of agricultural land.
February 1, 1991... Nuclear Power Plants and the Value of Agricultural Land
I. INTRODUCTION
A serious nuclear reactor accident could entail substantial detrimental consequences to the environment. Consequently, it might be expected that nuclear risks at...
On welfare analysis under temporal uncertainty.
February 1, 1991... On Welfare Analysis under Temporal Uncertainty
I. INTRODUCTION
The implications of uncertainty for cost-benefit analysis remain controversial. One issue raised in the evaluation of welfare compensation tests has been the appropriate...
Confidence intervals for evaluating benefits estimates from dichotomous choice contingent valuation studies.
February 1, 1991... Confidence Intervals for Evaluating Benefits Estimates from Dichotomous Choice Contingent Valuation Studies
I. INTRODUCTION
The estimation of willingness to pay (WTP) or willingness to accept (WTA) compensation using the contingent...
Is the level of national forest timber harvest sensitive to price?
February 1, 1991... Is the Level of National Forest Timber Harvest Sensitive to Price?
Theoretical and empirical analyses of U.S. timber markets have traditionally treated the harvest from national forests as fixed and insensitive to price.(1) This seems...
Share contracts in Malaysian rubber smallholdings.
February 1, 1991... Share Contracts in Malaysian Rubber Smallholdings
I. INTRODUCTION
The most common tenure arrangement between tappers and owners of rubber smallholdings(1) in Peninsular Malaysia is the share contract or a variant(2) of the share...
Economic and technological determinants of the material intensity of use.
February 1, 1991... Economic and Technological Determinants of the Material Intensity of Use
I. INTRODUCTION
Slow demand growth has been a major problem facing the steel industry in the U.S. Compared with aluminum and plastic materials, growth in...
The deterrent effect of regulatory enforcement in the fishery.
February 1, 1991... The Deterrent Effect of Regulatory Enforcement in the Fishery
I. INTRODUCTION
The common property problem derives from the incompatibility of individual incentives with collective interests. In the fishery this incompatibility results...
The welfare effects of omitting substitute prices and qualities from travel cost models: comment. (Comment and Reply)
February 1, 1991... The Welfare Effects of Omitting Substitute Prices and Qualities from Travel Cost Models: Comment
In a recent article in this journal, Kling (1989) examines some of the welfare effects of omitting substitute prices and quantities when the...
The welfare effects of omitting substitute prices and qualities from travel cost models: reply. (Comment and Reply)
February 1, 1991... The Welfare Effects of Omitting Substitute Prices and Qualities from Travel Cost Models: Reply
In Kling (1989), I identified several circumstances under which welfare measures are biased when substitute price or quality variables are omitted...