Consulta: creatorFacets:"Hanemann,   W. Michael"
Registros recuperados: 54
Data/hora: 09/06/2024 11:24:06

SOME ISSUES IN CONTINUOUS - AND DISCRETE - RESPONSE CONTINGENT VALUATION STUDIES
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Journal Article
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1985
URL: http://purl.umn.edu/28928

Was the NOAA Panel Correct about Contingent Valuation?
Provedor de dados: 31
Autores: Carson,   Richard T.; Hanemann,   W. Michael; Kopp,   Raymond J.; Krosnick,   Jon A.; Mitchell,   Robert C.; Presser,   Stanley; Ruud,   Paul A.; Smith,   V. Kerry; Conaway,   Michael; Martin,   Kerry.
The past few years have seen a highly charged debate about whether contingent valuation (CV) surveys can provide valid economic measures of people's values for environmental resources. In an effort to appraise the validity of CV measures of economic value, a distinguished panel of social scientists, chaired by two Nobel laureates, was established by NOAA, to critically evaluate the validity of CV measures of nonuse value. The Panel provided an extensive set of guidelines for CV survey construction, administration, and analysis, and distinguished a subset of items from their guidelines for special emphasis and described them as burden of proof requirements. Of particular interest was the Panel's requirement that CV surveys demonstrate "responsiveness to the...
Tipo: Working or Discussion Paper
Palavras-chave: Contingent valuation; Scope test; NOAA Panel; Environmental Economics and Policy; D6; H4.
Ano: 1996
URL: http://purl.umn.edu/10503

Fishery Management Under Multiple Uncertainty
Provedor de dados: 31
Autores: Sethi,   Gautam; Costello,   Christopher; Fisher,   Anthony C.; Hanemann,   W. Michael; Karp,   Larry S.
Among others who point to environmental variability and managerial uncertainty as causes of fishery collapse, Roughgarden and Smith (1996) argue that three sources of uncertainty are important for fisheries management: variability in fish dynamics, inaccurate stock size estimates, and inaccurate implementation of harvest quotas. We develop a bioeconomic model with these three sources of uncertainty, and solve for optimal escapement based on measurements of fish stock in a discrete-time model. Among other results we find: (1) when uncertainties are high, we generally reject the constant-escapement rule advocated in much of the existing literature, (2) inaccurate stock estimation affects policy in a fundamentally different way than the other sources of...
Tipo: Working or Discussion Paper
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2004
URL: http://purl.umn.edu/25117

Introducing site quality into recreation demand functions
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 1984
URL: http://purl.umn.edu/6187

Quality changes, consumer's surplus, and hedonic price indices
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Demand and Price Analysis.
Ano: 1980
URL: http://purl.umn.edu/6291

ECONOMIC ANALYSIS IN POLICY EVALUATION, DAMAGE ASSESSMENT AND COMPENSATION: A COMPARISON OF APPROACHES
Provedor de dados: 31
Autores: Hanemann,   W. Michael; Keeler,   Andrew G.
Tipo: Working or Discussion Paper
Palavras-chave: Public Economics; Research Methods/ Statistical Methods.
Ano: 1996
URL: http://purl.umn.edu/6862

Do Consumers React to the Shape of Supply? Water Demand under Heterogeneous Price Structures
Provedor de dados: 31
Autores: Olmstead,   Sheila M.; Hanemann,   W. Michael; Stavins,   Robert N.
Urban water pricing provides an opportunity to examine whether consumers react to the shape of supply functions. We carry out an empirical analysis of the influence of price and price structure on residential water demand, using the most price-diverse, detailed, household-level water demand data yet available for this purpose. We adapt the Hausman model of labor supply under progressive income taxation to estimate water demand under non-linear prices. Ours is the first analysis to address both the simultaneous determination of marginal price and water demand under block pricing and the possibility of endogenous price structures in the cross section. In order to examine the possibility that consumers facing block prices are more price-responsive, all else...
Tipo: Working or Discussion Paper
Palavras-chave: Non-linear pricing; Water demand; Price elasticity; Resource /Energy Economics and Policy; D12; Q21; Q25; Q28; L95.
Ano: 2005
URL: http://purl.umn.edu/10672

The hysteresis phenomenon and benefit evaluation for pollution control in aquatic ecosystems
Provedor de dados: 31
Autores: Fisher,   Anthony C.; Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy; Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 1985
URL: http://purl.umn.edu/6191

Designing contingent valuation scenarios for environmental health: The case of childhood asthma
Provedor de dados: 31
Autores: Brandt,   Sylvia J.; Lavin,   Felipe Vasquez; Hanemann,   W. Michael.
Valuation of morbidity associated with childhood asthma is significant both to policy and to non-market valuation methodologies. Our results show that household perceptions and beliefs, such as belief in one’s ability to predict and control asthma attacks, and relative perceptions of the overall burden asthma places on a family, have a larger impact on valuation than traditional measures of asthma severity. More generally, our approach can be applied to other chronic illnesses as well, such as diabetes or chronic pain.
Tipo: Working or Discussion Paper
Palavras-chave: Environmental health; Children; Health risk; Environmental Economics and Policy; Health Economics and Policy.
Ano: 2008
URL: http://purl.umn.edu/47077

Water quality and the demand for recreation
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 1981
URL: http://purl.umn.edu/6289

The Impact of Water Quality on Southern California Beach Recreation: A Finite Mixture Model Approach
Provedor de dados: 31
Autores: Hilger,   James; Hanemann,   W. Michael.
This paper uses a finite mixture logit (FML) model to investigate the heterogeneity of preferences of beach users for water quality at beaches in Southern California. The results are compared with conventional approaches based conditional logit (CL) and random parameters logit (RPL). The FML approach captures variation in preferences by modeling individual recreator choices using a mixture of several distinct preference groups, where group membership is a function of individual characteristic and seasonal variables. The FML parameter estimates are used to calculate welfare measures for improvements in beach quality through a reduction of water pollution. The FML segment specific welfare measures bound the traditional CL and RPL mean welfare estimates, and...
Tipo: Working or Discussion Paper
Palavras-chave: Water quality management; Water research; Recreation; Recreational use of water areas; Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2008
URL: http://purl.umn.edu/47037

Specification of the individual's demand function: The treatment of time
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Institutional and Behavioral Economics; Resource /Energy Economics and Policy.
Ano: 1984
URL: http://purl.umn.edu/6284

Will U.S. Agriculture Really Benefit from Global Warming?  Accounting for Irrigation in the Hedonic Approach
Provedor de dados: 31
Autores: Schlenker,   Wolfram; Hanemann,   W. Michael; Fisher,   Anthony C.
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy.
Ano: 2004
URL: http://purl.umn.edu/25122

The economic conception of water
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Published in: WATER CRISIS : MYTH OR REALITY?, edited by Peter P. Rogers, M. Ramon Llamas, and Luis Martinez-Cortina.  London; New York: Taylor &amp; Francis, 2006, p. 61-91
Tipo: Working Paper
Palavras-chave: Economic aspects; Water costs; Water demand; Water pricing; Water supply; Demand and Price Analysis.
Ano: 2005
URL: http://purl.umn.edu/120463

On reconciling different concepts of option value
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Financial Economics.
Ano: 1984
URL: http://purl.umn.edu/6279

Marginal cost pricing and the new LADWP water rates
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Demand and Price Analysis; Resource /Energy Economics and Policy.
Ano: 1993
URL: http://purl.umn.edu/6100

Three Approaches to Defining "Existence" or "Non-Use" Value Under Certainty
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1993
URL: http://purl.umn.edu/25032

A critique of "Identifying structural equations through the nonlinearity of a single price gradient" and "Identifying structural equations with single market data" by Rob Mendelsohn
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1984
URL: http://purl.umn.edu/6283

The Impact of Global Warming on U.S. Agriculture: An Econometric Analysis of Optimal Growing Conditions
Provedor de dados: 31
Autores: Schlenker,   Wolfram; Hanemann,   W. Michael; Fisher,   Anthony C.
We link farmland values to climatic, soil, and socioeconomic variables for counties east of the 100th meridian, the historic boundary of agriculture not primarily dependent on irrigation. Degree days, a non-linear transformation of the climatic variables suggested by agronomic experiments as more relevant to crop yield gives an improved fit and increased robustness. Estimated coefficients are consistent with the experimental results. The model is employed to estimate the potential impacts on farmland values for a range of recent warming scenarios. The predictions are very robust and more than 75% of the counties in our sample show a statistically significant effect, ranging from moderate gains to large losses, with losses in the aggregate that can become...
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy; Land Economics/Use; Q1; Q2; C5.
Ano: 2004
URL: http://purl.umn.edu/25094

Multiple site demand models. Part II: Review of existing models and development of new models
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 1984
URL: http://purl.umn.edu/6208

Torts and the Protection of "Legally Recognized" Interests
Provedor de dados: 31
Autores: Hoffmann,   Sandra A.; Hanemann,   W. Michael.
The law of torts plays an important role in completing the legal property rights system by defining the extent to which property is protected from harm. It does this by defining the kinds of interests that will be recognized and protected from harm by the courts, the duty of care owed these recognized interests by others, and the manner in which they will be protected through monetary compensation, restitution, or injunction. Together, these three elements of torts define a right in the "bundle of rights" that constitute property. In this paper, we develop a systematic approach to formalizing the nature of the property rights protected by tort law. We use this approach to reexamine the literature on compensation for nonpecuniary damages. This reexamination...
Tipo: Working or Discussion Paper
Palavras-chave: Torts; Property rights; Liability; Compensation; Damages; Insurance; Research and Development/Tech Change/Emerging Technologies; D31; D63; K0; K13.
Ano: 2005
URL: http://purl.umn.edu/10472

Multiple site demand models. Part 1: Some preliminary considerations
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Research Methods/ Statistical Methods; Resource /Energy Economics and Policy.
Ano: 1984
URL: http://purl.umn.edu/6189

Heterogeneous Responses to Water Conservation Programs: The Case of Residential Users in Los Angeles
Provedor de dados: 31
Autores: Hanemann,   W. Michael; Nauges,   Celine.
We propose a detailed analysis of heterogeneity in households’ responses to water conservation programs (price increase, voluntary and mandatory conservation) during periods of water shortage. Using a unique dataset covering water consumption of all residential users in Los Angeles (California) during the drought (1988-1992), we show that households generally were responsive to the conservation measures but that the magnitude of households’ responses varies depending on the instrument and on households’ characteristics, in particular the size of their lot. Price elasticity is estimated between –0.29 and –0.47 in the high season (June-October), and between 0 and –0.19 in the low season (November-May). Results suggest that the voluntary conservation program...
Tipo: Working or Discussion Paper
Palavras-chave: Water conservation; Residential use; Heterogeneity in behavior; Panel data; Resource /Energy Economics and Policy; C23; D12; Q25.
Ano: 2006
URL: http://purl.umn.edu/7158

Econometric models of the demand for quality-differentiated goods
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
This paper presents several models of the demand for quality differentiated goods in which the consumer decides which brand of product to select as well as how many units to buy. The models cover a variety of preference structures and can readily be estimated using standard techniques for switching regressions. From the fitted demand equations, one can calculate monetary measures of the welfare effects of changes in the price, quality, or variety of the brands. The models are then applied to data on households' demands for recreation sites in the Boston area, and the values of the sites are calculated.
Tipo: Working or Discussion Paper
Palavras-chave: Consumer/Household Economics; Demand and Price Analysis; Research Methods/ Statistical Methods.
Ano: 1983
URL: http://purl.umn.edu/6294

Pesticide usage and the choice of pest control strategy: A switching regression analysis
Provedor de dados: 31
Autores: Hanemann,   W. Michael; Tsur,   Yacov; Zilberman,   David.
Tipo: Working or Discussion Paper
Palavras-chave: Farm Management.
Ano: 1984
URL: http://purl.umn.edu/6300

SHIFTING SANDS: A PRELIMINARY EXPLORATION OF SEASONAL VARIATION IN PREFERENCES FOR BEACHES
Provedor de dados: 31
Autores: Mohn,   Craig; Hanemann,   W. Michael; Pendleton,   Linwood; Layton,   David F.
Choice data about recreational activities has usually been available for decisions made at a single point in time. Even when data has been collected over a long interval, analysis has generally ignored the impact of seasonality on the relative value of different attributes, treating all choices as the same. This paper looks at a panel of beach recreators from southern California and tests two possible reasons for seasonally changing preferences. We find that seasonal effects can have a substantial impact on the relative utility to the consumer of water quality and money.
Tipo: Working or Discussion Paper
Palavras-chave: Institutional and Behavioral Economics.
Ano: 2003
URL: http://purl.umn.edu/6859

ENVIRONMENTAL DAMAGES IN COURT: THE AMERICAN TRADER CASE
Provedor de dados: 31
Autores: Chapman,   David J.; Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy.
Ano: 2000
URL: http://purl.umn.edu/6868

APPROXIMATION APPROACHES TO PROBABILISTIC CHOICE SET MODELS FOR LARGE CHOICE SET DATA
Provedor de dados: 31
Autores: Kuriyama,   Koichi; Hanemann,   W. Michael; Pendleton,   Linwood.
Tipo: Working or Discussion Paper
Palavras-chave: Random utility model; Travel cost method; Recreation; Environmental valuation; Research Methods/ Statistical Methods; Q26.
Ano: 2003
URL: http://purl.umn.edu/6867

The Economic Costs and Benefits of Investments in Municipal Water and Sanitation Infrastructure: A Global Perspective
Provedor de dados: 31
Autores: Whittington,   Dale; Hanemann,   W. Michael.
This paper presents illustrative estimates of the costs and benefits of investments in municipal water and sanitation systems in developing countries. Four sources of information on the economic benefits households receive from improved municipal water and sanitation services are reviewed: (1) prices charged for vended water, (2) avertive expenditures, (3) avoided costs of illness, and (4) stated preference studies. There is little evidence to suggest that the current monthly benefits of improved water and sanitation services exceed the monthly costs. The most important limitation of such comparisons of annual costs and benefits is that benefits per household may well grow over the life of the investments, but this possibility does not ensure that such...
Tipo: Working or Discussion Paper
Palavras-chave: Sustainable Development; Renewable Resources; Resource /Energy Economics and Policy; O13; Q25; H40; N50.
Ano: 2006
URL: http://purl.umn.edu/7159

A Note on the Value of Lifesaving
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Risk and Uncertainty.
Ano: 1979
URL: http://purl.umn.edu/6302

On the creation and destruction of public goods : the matter of sequencing
Provedor de dados: 31
Autores: Carson,   Richard T.; Flores,   Nicholas; Hanemann,   W. Michael.
We consider sequences where a subset of public goods are systematically being created or destroyed. For the case of strict Hicksian substitutes between all pairs of this subset of public goods, we show that willingness to pay for an increase in a particular public good is strictly decreasing the farther out in a sequence it is valued. For the destruction of public goods the reverse is true for willingness to accept compensation. Thus, sequencing has opposite implications for the assessment of the benefits of providing public goods and for the assessment of the damages from destroying them.
Tipo: Working or Discussion Paper
Palavras-chave: Public Economics; Research Methods/ Statistical Methods.
Ano: 1993
URL: http://purl.umn.edu/6103

Welfare analysis based on systems of partial demand functions
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Public Economics.
Ano: 1982
URL: http://purl.umn.edu/6292

Taste Indicators and Heterogeneous Revealed Preferences for Congestion in Recreation Demand
Provedor de dados: 31
Autores: Lavin,   Felipe Vasquez; Hanemann,   W. Michael.
Researchers using revealed preference data have mostly relied on the Mixed Logit (ML) framework to model unobserved heterogeneity. In this paper, we suggest an extension of this model where we integrate direct measures of taste and revealed preferences, under a unified econometric setting, to describe heterogeneous preferences for congestion in recreation demand. ML is a random parameter discrete choice model, which decomposes the coefficients of the regression equation into a mean effect shared by all individuals in the sample, and a deviation with respect to this mean, specific to each individual. Within this structure, heterogeneity is summarized using a parametric density function for the coefficients of the model. From this distribution one can...
Tipo: Working or Discussion Paper
Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2008
URL: http://purl.umn.edu/47041

Revenue instability induced by conservation rate structures : an empirical investigation of coping strategies
Provedor de dados: 31
Autores: Chesnutt,   Thomas; Bamezai,   Anil; Hanemann,   W. Michael.
Water suppliers have been adopting new rate structures to promote conservation. The shift away from rates based on historical average cost toward rates based on marginal cost has been motivated by the desire to send consumers the "right" price signal about the need to conserve drinking water. The shift toward conservation rate structures, though perhaps providing better incentives to use scarce water resources wisely, has predictable effects-it changes who pays what and it increases the variability of future revenue streams to the water agency. Though the definition of the "correct" rate structure can rightfully vary in different communities-depending on the marginal cost of new supplies or avoided demand and on the community's understanding of equity-the...
Tipo: Working or Discussion Paper
Palavras-chave: Public Economics; Resource /Energy Economics and Policy; Risk and Uncertainty.
Ano: 1993
URL: http://purl.umn.edu/6104

Econometric models of discrete/continuous supply decisions under uncertainty
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Risk and Uncertainty.
Ano: 1982
URL: http://purl.umn.edu/6288

Temporal Reliability of Estimates from Contingent Valuation
Provedor de dados: 31
Autores: Carson,   Richard T.; Hanemann,   W. Michael; Kopp,   Raymond J.; Krosnick,   Jon A.; Mitchell,   Robert C.; Presser,   Stanley; Ruud,   Paul A.; Smith,   V. Kerry.
In 1992 the National Oceanic and Atmospheric Administration (NOAA) convened a panel of prominent social scientists to assess the reliability of natural resource damage estimates derived from contingent valuation (CV). The product of the panel's deliberations was a report that laid out a set of recommended guidelines for CV survey design, administration, and data analysis. This paper focuses on one of these guidelines -- the Panel's call for the "temporal averaging" of willingness-to-pay (WTP) responses obtained from CV surveys as one method for increasing their reliability. The panel suggested: "Time dependent measurement noise should be reduced by averaging across independently drawn samples taken at different points in time. A clear and substantial time...
Tipo: Working or Discussion Paper
Palavras-chave: Contingent valuation; Natural resource damages; Passive use; Exxon Valdez; Reliability; Environmental Economics and Policy; D60; D61; K32; Q28.
Ano: 1995
URL: http://purl.umn.edu/10580

THE IMPACT OF GLOBAL WARMING ON AGRICULTURE: RETHINKING THE RICARDIAN APPROACH
Provedor de dados: 31
Autores: Fisher,   Anthony C.; Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Agribusiness; Environmental Economics and Policy.
Ano: 1998
URL: http://purl.umn.edu/6864

NONMARKET VALUATION UNDER PREFERENCE UNCERTAINTY: ECONOMETRIC MODELS AND ESTIMATION
Provedor de dados: 31
Autores: Hanemann,   W. Michael; Kristrom,   Bengt; Li,   Chuan-Zhong.
This paper makes an attempt to introduce preference uncertainty into discrete choice models used in contingent valuation experiments. We develop an econometric model which may characterize the degree of the uncertainty and provide an empirical illustration of the suggested model.
Tipo: Working or Discussion Paper
Palavras-chave: Research Methods/ Statistical Methods; Risk and Uncertainty.
Ano: 1996
URL: http://purl.umn.edu/6858

Economic Damages from Climate Change: An Assessment of Market Impacts
Provedor de dados: 31
Autores: Hanemann,   W. Michael; Dale,   Larry.
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy.
Ano: 2006
URL: http://purl.umn.edu/7161

Projected M&amp;I demand in the LADWP service area 1990-2010
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Public Economics; Resource /Energy Economics and Policy.
Ano: 1993
URL: http://purl.umn.edu/6101

What is the economic cost of climate change?
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Climate change; Economic analysis; Greenhouse effect; Environmental Economics and Policy; Financial Economics; Research and Development/Tech Change/Emerging Technologies.
Ano: 2008
URL: http://purl.umn.edu/46999

A qualitative-quantitative model of consumer choice with an application to recreation demand
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Demand and Price Analysis; Resource /Energy Economics and Policy.
Ano: 1980
URL: http://purl.umn.edu/6281

One-and-One-Half Bound Dichotomous Choice Contingent Valuation
Provedor de dados: 31
Autores: Cooper,   Joseph C.; Hanemann,   W. Michael; Signorello,   Giovanni.
To reduce the potential for response bias on the follow-up bid in multiple-bound discrete choice CVM questions while maintaining much of the efficiency gains of the multiple-bound approach, we introduce the one-and-one-half-bound (OOHB) approach. Despite the fact that the OOHB model uses less information than the double-bound (DB) approach, efficiency gains in moving from single-bound to OOHB capture a large portion of the gain associated with moving from single-bound to DB. In an analysis of survey data, our OOHB estimates demonstrated higher consistency with respect to the follow-up data than the DB estimates and were more efficient as well.
Tipo: Working or Discussion Paper
Palavras-chave: Resource /Energy Economics and Policy; Q20; Q26; C15; C25.
Ano: 2001
URL: http://purl.umn.edu/25003

The Central Arizona Project
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Community/Rural/Urban Development.
Ano: 2002
URL: http://purl.umn.edu/25124

How California Came to Pass AB 32, the Global Warming Solutions Act of 2006
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy.
Ano: 2007
URL: http://purl.umn.edu/7190

Does Marginal Price Matter? A Regression Discontinuity Approach to Estimating Water Demand
Provedor de dados: 31
Autores: Nataraj,   Shanthi; Hanemann,   W. Michael.
Although complex pricing schedules are increasingly common in utility billing, it is difficult to determine whether consumers respond to complicated marginal prices because price changes are often confounded with simultaneous demand shocks or non-price policies. To overcome this challenge, we exploit a natural experiment - the introduction of a third price block in an increasing block pricing schedule for water - in Santa Cruz, California. Using a regression discontinuity design, we find that consumers do respond to changes in marginal price. Doubling marginal price led to a 12% decrease in water use (500 cubic feet per bill) among high-use households.
Tipo: Working or Discussion Paper
Palavras-chave: Water demand; Regression models; Price policy; Consumer behavior; Demand and Price Analysis; Research Methods/ Statistical Methods; D12; Q21; Q25; L95.
Ano: 2008
URL: http://purl.umn.edu/47078

THE STATISTICAL ANALYSIS OF DISCRETE-RESPONSE CV DATA
Provedor de dados: 31
Autores: Hanemann,   W. Michael; Kanninen,   Barbara.
Figures are not available for this Web version.
Tipo: Working or Discussion Paper
Palavras-chave: Research Methods/ Statistical Methods.
Ano: 1996
URL: http://purl.umn.edu/25022

Referendum Design and Contingent Valuation: The NOAA Panel's No-Vote Recommendation
Provedor de dados: 31
Autores: Carson,   Richard T.; Hanemann,   W. Michael; Kopp,   Raymond J.; Krosnick,   Jon A.; Mitchell,   Robert C.; Presser,   Stanley; Ruud,   Paul A.; Smith,   V. Kerry; Conaway,   Michael; Martin,   Kerry.
In 1992 the National Oceanic and Atmospheric Administration (NOAA) convened a panel of prominent social scientists to assess the reliability of natural resource damage estimates derived from contingent valuation (CV). The product of the Panel's deliberations was a report that laid out a set of recommended guidelines for CV survey design, administration, and data analysis. One of the Panel's recommendations was that CV surveys should employ a referendum approach. This method describes a choice mechanism that asks each respondent how they would vote if faced with a particular program and the prospect of paying for the program through some means, such as higher taxes. The Panel also recommended that CV referendum questions which commonly use only "for" or...
Tipo: Working or Discussion Paper
Palavras-chave: Contingent valuation; Natural resource damages; Passive use; Exxon Valdez; Reliability; Environmental Economics and Policy; D60; D61; K32; Q28.
Ano: 1995
URL: http://purl.umn.edu/10865

ANALYZING THE IMPACT OF BEACH CLOSURES, INTERSITE SUBSTITUTION AND INTERTEMPORAL SUBSTITUTION VIA A MODEL OF ATTENDANCE AT FIVE ORANGE COUNTY BEACHES
Provedor de dados: 31
Autores: Busch,   Christopher B.; Hanemann,   W. Michael.
This paper explores the impact on beach attendance of beach closures and the intersite and intertemporal substitution that may follow beach closures. A model of beach attendance is developed that builds on a model constructed by Paul Ruud to support the State of California's claim to damages after the American Trader oil spill off the coast of Orange County, southern California. Newly gathered data on beach closures is combined with data on daily attendance from 1985-1993. Variables are constructed to test for intersite substitution (the shifting of beach recreation in space, i.e. from a closed beach to another beach) and intertemporal substitution (the shifting of demand for recreation at a particular beach over time). The method of non-linear least...
Tipo: Working or Discussion Paper
Palavras-chave: Environmental Economics and Policy; Research Methods/ Statistical Methods.
Ano: 2001
URL: http://purl.umn.edu/6865

Applied Welfare Analysis with Qualitative Response Models
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Food Security and Poverty.
Ano: 1982
URL: http://purl.umn.edu/7160

Some further results on exact consumer's surplus
Provedor de dados: 31
Autores: Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Demand and Price Analysis.
Ano: 1981
URL: http://purl.umn.edu/6290

Determinants of Agricultural Output: Degree Days, Yields and Implications for Climate Change
Provedor de dados: 31
Autores: Schlenker,   Wolfram; Hanemann,   W. Michael; Fisher,   Anthony C.
We link farmland values to climatic, soil, and socioeconomic variables for counties east of the 100th meridian, the historic boundary of agriculture not primarily dependent on irrigation. Degree days, a non-linear transformation of the climatic variables suggested by agronomic experiments as more relevant to crop yield gives an improved fit and increased robustness. Estimated coefficients are consistent with the experimental results. The model is employed to estimate the potential impacts on farmland values for a range of recent warming scenarios. The predictions are very robust and more than 75% of the counties in our sample show a statistically significant effect, ranging from moderate gains to large losses, with losses in the aggregate that can become...
Tipo: Conference Paper or Presentation
Palavras-chave: Land Economics/Use.
Ano: 2004
URL: http://purl.umn.edu/19222

Torts and the Protection of "Legally Recognized Interests"
Provedor de dados: 31
Autores: Hoffmann,   Sandra A.; Hanemann,   W. Michael.
Tipo: Working or Discussion Paper
Palavras-chave: Public Economics.
Ano: 2005
URL: http://purl.umn.edu/7200

The Temporal Resolution of Uncertainty and the Irreversibility Effect
Provedor de dados: 31
Autores: Narain,   Urvashi; Hanemann,   W. Michael; Fisher,   Anthony C.
We define the irreversibility effect and demonstrate its importance in problems involving investment decisions under uncertainty. We establish several analytical and numerical results that suggest both that the effect holds more widely than generally recognized, and that an existing result (Epstein's Theorem) giving a sufficient condition for determining whether the effect holds can be applied more widely than previously indicated, in particular to problems involving intertemporally nonseparable benefit functions. We further show that a low elasticity of intertemporal substitution will however result in failure of the effect, but that the effect will hold if the value of information increases in the degree of flexibility.
Tipo: Working or Discussion Paper
Palavras-chave: Risk and Uncertainty.
Ano: 2004
URL: http://purl.umn.edu/25101