|
|
|
|
| |
|
|
| Pushkarskaya, Helen N.; Marshall, Maria I.. |
| Our study uses the data collected during the implementation of the tobacco buyout program in Kentucky to evaluate how rural households, diverse in income, age, family structure, location, education level, and other characteristics, made a choice between annuities and a lump-sum payment. Subjects in our field experiment did not have to retire or change their employment, as did subjects in many field studies of the choice between annuities and lump-sum payments, which allowed us to evaluate the relationship between the option choice and a decision whether to exit the tobacco market. Our results suggest that while discounted utility theory gives acceptable predictions of the farmers’ behavior, other factors have to be taken into consideration. First, there... |
| Tipo: Journal Article |
Palavras-chave: Annuity; Family business system; Intertemporal choice; Lump sum; Tobacco buyout; Agribusiness; Consumer/Household Economics; Institutional and Behavioral Economics; Marketing; G11; H31; J10. |
| Ano: 2009 |
URL: http://purl.umn.edu/56647 |
| |
|
|
| Jenkins, Robin R.; Martinez, Salvador A.; Palmer, Karen L.; Podolsky, Michael J.. |
| This paper examines the impact of two popular solid waste programs on the percent recycled of several different materials found in the residential solid waste stream. We examine a unique, national, household-level data set containing information on the percent recycled of five different materials: glass bottles, plastic bottles, aluminum, newspaper, and yard waste. We find that access to curbside recycling has a significant and substantial positive effect on the percentage recycled of all five materials and that the level of this effect varies across different materials. The length of the recycling program's life has a significant and positive effect on two of the five materials and a mandatory recycling requirement does not affect any materials. The level... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Solid waste; Recycling; Unit pricing; Incentives; Environmental Economics and Policy; Q28; H31. |
| Ano: 1999 |
URL: http://purl.umn.edu/10798 |
| |
|
|
|
