In this study we utilize a hedonic property price analysis to examine changes in the implicit price of water quality. We analyze Martin County, Florida waterfront home sales from 2001 to 2010 accounting for the associated significant real estate fluctuations in this area through flexible econometric controls in space and time. We apply a statistical methodology that identifies housing market pr...

In areas subject to drought and/or high population growth, measures to encourage conservation have become an important part of water management and planning. Residential consumer’s low sensitivity to prices reduces the effectiveness and desirability of using price signals as a conservation tool. We hypothesize that consumer’s sluggish response to prices is partly due to the fact that price info...

The role of water pricing for managing water resources is widely recognized in many areas of the world because of the increasing scarcity of water resources, a high competition between water uses and environmental degradation. Based on the analysis of cost of water, this paper explores which types of cost should be reflected in the water pricing enhancing the sustainability of water resources. ...

We conducted preference assessments with 4 typically developing children to identify potential reinforcers and assessed the reinforcing efficacy of those stimuli. Next, we tested two predictions of economic theory: that overall consumption (reinforcers obtained) would decrease as the unit price (response requirement per reinforcer) increased and that the cost and benefit components that defined...

The regulated price policy may be implemented for some products. It is generally implemented for some products such as electricity, natural gas, water and so on that are supplied as monopolist. The regulated price shock on these products may lead to an adjustment in the endowments of primary factors. The aim of this paper is to investigate the effects of a regulated price shock on price indices...

this study investigated the factors influencing the decision to plant almonds in the saman region of chaharmahal-bakhtiari province in central iran through conducting an economic survey in 2005. using portfolio investment theory and econometric model esti-mation (shively, 1998), this paper identifies the most important factors influencing the in-dividual farmer’s decision concerning the number ...