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,...

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...

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...

The objective of this paper is to investigate motives and outputs of social capital with a survey instrument to distinguish self, sympathy and norms as motivating behavior and to correlate that behavior with the consequences of social capital in terms of community and associational activity.