Land Economics articles from May 1993

Land Economics archives from May 1993

Welfare effects, omitted variables, and the extent of the market.
May 1, 1993... I. INTRODUCTION The treatment of substitute price terms in travel cost recreation demand models and the impact of their omission on consumer surplus estimates have been areas of longstanding interest in the literature on nonmarket valuation....

Value estimator models for wetlands-based recreational use values.
May 1, 1993... I. INTRODUCTION AND BACKGROUND The concern over loss of wetlands to agricultural, commercial, and residential development has accelerated over the years. Many public policies have been passed or proposed which influence wetlands management....

Optimal experimental design for double-bounded dichotomous choice contingent valuation.
May 1, 1993... I. INTRODUCTION It has become standard practice in the contingent valuation literature to use dichotomous choice models to estimate the economic values of environmental amenities such as air quality, existence of wildlife, or quality of...

Environmental preservation and majority decisions.
May 1, 1993... I. INTRODUCTION Many governmental policies require the utilization of environmental and land resources. Such policies are frequently decided under a high degree of uncertainty and irreversibility. For example, public investments in...

Stock size, harvesting costs, and the potential for extinction: the case of sealing.
May 1, 1993... I. INTRODUCTION Starting in the 1960s, considerable international opposition to the Canadian and Norwegian harp seal hunt off Newfoundland developed. It was alleged that the seal hunt was unethical and that the seal population had been...

Using dynamic optimization for integrated environmental management: an application to solvent waste disposal.
May 1, 1993... I. INTRODUCTION Since the beginning of the 1970s, federal legislation and technological advances have stimulated the widespread use of pollution abatement equipment within American industry. Partially as a result of such adoption, many of the...

Examining the differences in self- and publicly supplied firms' water demands.
May 1, 1993... I. INTRODUCTION Water use by manufacturing firms has the important characteristic that many firms may choose between connecting themselves to a public water utility(1) and remaining self-supplied. It is natural to ask whether economic factors...

On a level playing field. (free trade versus protectionism) (Speculations)
May 1, 1993... Most economists endorse the idea of free trade. Their teachings have sold most of the public on its merits as a goal in economic policy. So persuasive have their arguments been that the word "protectionism" has become almost a dirty word both in...