Economy

Class starts on Tuesday (1/17) and the email should go out on Friday or Monday.  Welcome to ECO 2620! This course is…

Sometimes I forget the amount of content @johnwhitehead81 and I created at https://t.co/JbxmB6cByt for almost 15 years. Glad people are still finding…

The idea of an individual’s or a household’s carbon footprint is how much that person or household contributes to climate change.  All…

Burt, Oscar R., and Durward Brewer. “Estimation of net social benefits from outdoor recreation.” Econometrica: Journal of the Econometric Society (1971): 813-827.…

There is a great new policy forum article in Science defending the use of the social cost of carbon (SCC) in climate…

Yoram Bauman:  This is the fifth such review I’ve been involved in and it is almost certainly the last review I’ll be…

DMT (2020) draw attention to my treatment of the weighted WTP estimates. The regression model for the second scenario has a negative…

When dichotomous choice CVM data is of low quality, the measure of central tendancy is sensitive to assumptions. As I showed in…

When dichotomous choice CVM data has a negative WTP problem, one of the standard corrections is to estimate a log-linear model and…

In Whitehead (2020) I describe the problems in the DMT (2015) data. It is full of non-monotonicities, flat portions of bid curves…