464 Warren Hall
Ithaca, NY 14853
Institutional Affiliation: Cornell University
Information about this author at RePEc
NBER Working Papers and Publications
|June 2020||Conservation Co-Benefits from Air Pollution Regulation|
with , , , , : w27415
Massive wildlife losses over the past 50 years have brought new urgency to identifying both the drivers of population decline and potential solutions. We provide the first large-scale evidence that air pollution, specifically ozone, is associated with declines in bird abundance in the United States. We show that an air pollution regulation limiting industrial emissions during summer ozone seasons has generated substantial benefits in conserving bird populations. Our results imply that air quality improvements over the past four decades have substantially slowed the decline in bird populations, preventing a loss of 1.5 billion birds, approximately 20 percent of current totals. Our results highlight that in addition to protecting human health, air pollution regulations have previously unreco...
|October 2010||A Dynamic Explanation of the Willingness to Pay and Willingness to Accept Disparity|
with , : w16483
Evidence from laboratory experiments suggests that important disparities exist between willingness to pay (WTP) and compensation demanded for the same good. This study advances, and experimentally tests, a new explanation of the WTP/WTA disparity--a dynamic theory based on the presence of commitment costs. We find that the commitment cost theory combined with a simple behavioral anomaly is able to lend insights into the causes and severity of the WTA/WTP disparity. Further, we find that market experience attenuates the behavioral anomaly, consistent with the notion that no value disparity exists for agents with sufficient market experience.
Published: Catherine L. Kling & John A. List & Jinhua Zhao, 2013. "A Dynamic Explanation Of The Willingness To Pay And Willingness To Accept Disparity," Economic Inquiry, Western Economic Association International, vol. 51(1), pages 909-921, 01. citation courtesy of