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Registros recuperados: 71 | |
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Frerichs, Stephen; Becker, Nir; Easter, K. William. |
Based on data from 92 Minnesota cities, the analyses shows that neither marginal price or average price appear as the better predictor of demand. The price elasticity of demand ranges from -. 17 for marginal price in the linear model to -.27 for average price in the log linear model. It appears from the analysis that many consumers are unaware of the marginal price of their water. Thus utilities should simplify their pricing structures and present consumers with an easy to understand costs of water such as the cost of six hours of lawn watering. |
Tipo: Working or Discussion Paper |
Palavras-chave: Demand and Price Analysis; Public Economics. |
Ano: 1987 |
URL: http://purl.umn.edu/13033 |
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Easter, K. William; Archibald, Sandra O.. |
As the number and cost of environmental regulations have increased over the last thirty years, the regulated community, taxpayers, and policy makers have begun to demand that the benefits of regulations justify their costs. The use of benefit-cost analysis as an integral part of developing new regulations is increasing and the demands and expectations being placed on the method have expanded. Although benefit-cost analysis is expected to play an even greater role in environmental decision making in the years ahead, questions remain concerning whether benefit-cost analysis can meet these expectations. This paper explores the role of benefit-cost analysis in US public investment and environmental decision making and examines how benefit-cost methods are... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
Ano: 1998 |
URL: http://purl.umn.edu/14475 |
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Cho, Yongsung; Konishi, Yoshifumi; Easter, K. William. |
Our primary concern in this paper is to determine to what extent small communities have difficulty meeting the new stricter 2001 standard for arsenic levels in their drinking water. To do this we survey water users in rural Minnesota communities that had arsenic levels in their water supply exceeding 10 g/L during 2001-2006. Our survey results show that after obtaining complete information concerning the arsenic levels in their drinking water consumers with relatively low levels of arsenic were willing to pay $8-9 annually, while those with high levels of arsenic are willing to pay $15-17 annually. We also found that consumer’s willingness to pay (WTP) didn’t vary by community size. Thus, we conclude that compared to compliance costs ($58-327 per capita... |
Tipo: Working or Discussion Paper |
Palavras-chave: Community/Rural/Urban Development; Resource /Energy Economics and Policy. |
Ano: 2007 |
URL: http://purl.umn.edu/7353 |
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Easter, K. William; Smith, Rodney B.W.. |
As we consider the potential for expanding water markets as a means to help prevent water shortages, it is clear that there is resistance to such an expansion. This resistance should not be surprising given that there are likely to be both gainers and losers from expanded water markets. This papers shows that there are a number of potential market failures when water markets are expanded and that these failures are important to different stakeholder groups. These failures result from both technical and pecuniary externalities. If markets are to expand beyond the local level, new institutional arrangements will be needed that help reduce the negative impacts of the different market failures. In the past a number of institutional arrangements have been... |
Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2002 |
URL: http://purl.umn.edu/14405 |
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Registros recuperados: 71 | |
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