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A multinomial selection model of averting behavior in response to water contamination risks is estimatedfor Georgia residents. Measures of non-health related water quality (taste, odor, and appearance) are incorporated into the model to account for joint production of utility and health. The...
Persistent link: https://www.econbiz.de/10009392507
We study if community involvement makes an individual more environmentally friendly. An individual with greater attachment to the community is likely to be more socially responsible. They are also more likely to have better exposure and access to information about the importance of the...
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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,...
Persistent link: https://www.econbiz.de/10011142844
We experimentally investigate the distribution of children's time preferences along gender and racial lines. We find that boys are more impatient than girls and black children are more impatient than white children. Black boys have the highest discount rates of all groups. Most importantly, we...
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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...
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