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Threat positions and the resolution of environmental conflicts.
February 1, 1997... I. INTRODUCTION
Under conditions of full information, low transactions costs, and well-enforced property rights, agents will bargain with each other to reach an efficient level of some externality-generating activity. This and the assertion...
Agricultural land values under urbanizing influences.
February 1, 1997... I. INTRODUCTION
Agricultural land values and factors that affect such values continue to be of interest, perhaps because of the declines in farmland values that typified the 1980s. The topic has been of particular interest in areas where urban...
An analysis of the housing market before and after the 1989 Loma Prieta earthquake.
February 1, 1997... I. INTRODUCTION
On October 17, 1989, the magnitude 7.1 Loma Prieta earthquake occurred, becoming the most significant earthquake in the United States since 1906. While the magnitude 7.5 in Kern County, California, in 1952 and the magnitude 9.2...
Hog operations, environmental effects, and residential property values.
February 1, 1997... I. INTRODUCTION
The swine production industry is undergoing radical changes both in size and structure. Changes have been particularly noticeable in North Carolina. Hog inventories in North Carolina have grown from 2.8 million in 1991 to 7...
Estimating residential water demand in the presence of free allowances.
February 1, 1997... I. INTRODUCTION
Available evidence suggests that a significant part of water consumption is discretionary(1) and is sensitive to a high price of water. Therefore it is widely recognized that water pricing policies should be considered...
Sensitivity of contingent valuation to alternative payment schedules.
February 1, 1997... I. INTRODUCTION
In the contingent valuation (CV) debate, sensitivity of individual willingness to pay (WTP) to the scale or scope of the item being valued has become a focal issue. Some economists view insensitivity, which is generally...