We investigate the determinants of price for tractor auctions on eBay and tractors that are listed in the Farmers and Consumers Market Bulletin (FCMB) in Georgia. Surprisingly, seller reputation is not an important factor while engine hours and the presence of air conditioning appear to...

Small research firms developing biotechnology applications often focus on establishing intellectual property rights (IPRs), which can then be sold to more established firms with existing market channels. This paper presents a method for valuing the IPRs for an innovation that lowers product...

A copy of the financial report was distributed. The income statement for the period January 1, 2012, through December 31, 2012, indicated income of $111,270.59 and expenses of $120,632.88. Total assets as of December 31, 2012, were $170,218.84, with no liabilities. The estimated budget for 2013,...

In this paper, data from a 1992 telephone survey of Georgia residents were used to study people’s willingness-to-pay (WTP) for water as a commodity. A dichotomous contingent valuation method was employed to estimate the marginal scarcity rent of water. Results indicated that the average...

While a substantial amount of research has been devoted to showing what social capital does, research explaining social capital itself lags behind. The literature has a long tradition of examining the effect of social capital on local economic growth and development. In this paper we examine...

The four papers presented at this invited session examine various ways that economic analysis can be used to examine issues of water conservation strategies and policies. Three of the four are focused on water issues in Texas, and one examines a private insurance contract scheme for irrigation...