In the contingent valuation method, both the goods being valued and the payment vehicles used to value them are mostly hypothetical. However, although numerous studies have examined the impact of experience with the good on the willingness to pay, less attention has been given to experience with the payment vehicles.
This project will use the tools of experimental economics to study behavioral issues related to both the protection of a common-pool resource from poaching by outsiders, and the enforcement of rules and norms to maintain compliance within a group. The experiments are motivated by the Chilean abalone (loco) fishery and will be conducted in the field with members of local artisanal fishing organizations.
This project will use the tools of experimental economics to study behavioral issues related to both the protection of a common-pool resource from poaching by outsiders, and the enforcement of rules
This paper examines whether intergenerational transmission of happiness exists in China between preadolescents and their parents, and what factors are correlated with subjective well-being among them.
Understanding farmers’ responses to climate change is fundamental for the design of adaptation strategies in developing countries. Yet in a climate change scenario in which more frequent and
Professor James Murphy from Department of Economics in College of Business and Public Policy at University of Alaska-Anchorage visit our center in January 2014 to continue the research collaboration…
This paper reviews and in part extends an emerging literature that integrates development and environmental thinking. It focuses on a small part of the literature: economic evaluation, and goes on to develop the notion of sustainable development and construct a unified language for sustainability and policy analyses.
The study considers the inclusion of dummy explanatory variables (in regression estimation) in both cross –section and time series data. In survey data, a continuous variable may be categorized into a dummy variable dataset whenever the quality, reliability and internal consistency of the continuous data is put into question. In the process of categorization, vita information may be compromised: in other words there is loss of information. Furthermore, an arbitrary choice of cutoff points may yield different regression estimates depending on the cutoff point.
Pro-environmental behavior is the willingness to cooperate and contribute to environmental public goods. A good understanding of why individuals undertake pro-environmental actions is important in order to construct policies that are aligned with preferences and actual behavioral patterns, such as concern for social esteem and reputation.
Using data spanning 15 years, we study subjective and consumption poverty in urban Ethiopia. Despite rapid economic growth and declining consumption poverty, subjective poverty remains largely unchanged.