Catherine L. Kling

TL;DR: In this article, the authors developed and applied a methodology to test for efficiency of interregional commodity arbitrage using time-series data on prices for alternative cities, regions, countries, or product forms.

TL;DR: The authors assesses what occurred in this academic literature between the Exxon spill and the BP disaster and provide a framework for readers to ponder the question of the validity of contingent valuation and, more generally, stated preference methods.

TL;DR: In this paper, the authors investigate firms' incentives for banking or borrowing emission permits and compare the emission and output streams firms would choose with the socially optimal solution, finding that in many cases firms will suboptimally choose excessive damage and output levels in early periods and correspondingly too few in later periods if given the opportunity to freely move emissions between time periods.

TL;DR: In this paper, three general types of models are described: systems of demands, discrete choice models, and the hedonic travel cost approach; the latter two models are demonstrated using a common data set on water quality and swimming behavior in the Boston area.

TL;DR: Three general types of models are described: systems of demands, discrete choice models, and the hedonic travel cost approach; the latter two models are demonstrated using a common data set on water quality and swimming behavior in the Boston area.