At that time Peters view was that contingent valuation was hopeless while I was dubious but somewhat more optimistic But 20 years later after millions of dollars of largely governmentfunded research I have concluded that Peters earlier position was ID: 80394 Download Pdf
The cheaply constructed and poorly maintained levees on both sides of the Industrial Canal failed With most of the city below sea level the ood waters reached the eaves of thousands of houses It took weeks before the water level receded enough for p
These new methods have diffused widely into merger reviews and antitrust litigation regulatory decision making price setting by retailers the design of auctions and marketplaces and into neighboring elds in economics marketing and engineering Increa
and rising level of public indebtedness across the advanced economies The central policy debate across Europe Japan and the United States now The central policy debate across Europe Japan and the United States now centers on how fast to stabilize so
It re ects uncertainty in the minds of consumers managers and policymakers about possible futures It is also a broad concept including uncertainty over the path of macro phenomena like GDP growth micro phenomena like the growth rate of rms and nonec
Patterns of behavior in markets for speci c goods and services offer lessons about the determinants and effects of supply and demand market structure strategic behavior and government regulation Suggestions for future columns and comments on past on
There is little or no focus on training students to suit the needs of business or industry Siegfried and Stock 1999 Our experience suggests that most students especially at the better programs enter graduate school plan ning to seek academic jobs or
4 Journal of Economic Perspectives subSaharan Africa is the lowest-income region in the world. Figure 1 and Table 1, taken together, offer a snapshot of Africa today. Figure 1 is a map of the continen
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The pro gram created a new agency in Bostons city govern ment the Back Streets Office to support and nur ture small and midsized light industrial and com mercial companies operating within the citys bor ders An indepth analysis of these gritty ungla
THE ECONOMIC JOURNAL straightforwardly presume that economists are, on average, correct and begin to analyse the sources of economic misconceptions. As Kahneman and Tversky (1982) put it, 'The presenc
