Working Papers

From Department of Economics, Appalachian State University
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05-09: Improving Willingness to Pay Estimates for Quality Improvements through Joint Estimation with Quality Perceptions

John Whitehead

05-08: Contingent Valuation and Random Utility Model Estimates of the Recreational Value of King Mackerel

John Whitehead

05-07: The Equivalence of Panel Data Estimators under Orthogonal Experimental Design

David Dickinson and Ronald Oaxaca

05-06: Are Regional Incomes Converging in the U.S.? Evidence from Panel Unit Root Tests with Heterogeneous Structural Breaks

Mark C. Strazicich and Junsoo Lee

05-05: Mediation, Walrasian Tatonement, and Negotiations as an Exchange Economy

David Dickinson

05-04: Voting, Punishment and Public Goods: An Experimental Investigation

Todd Cherry, Stephan Kroll and Jason Shogren

05-03: Stationarity of Global Per Capital Carbon Dioxide Emissions: Implications for Global Warming Scenarios

Mark C. Strazicich and Ross McKitrick

05-02: The Macroeconomic Effects of Federal Regulation

John Dawson and John J. Seater

05-01: The Welfare Effects of Pfiesteria-Related Fish Kills in Seafood Markets: A Contingent Behavior Analysis

George Parsons, Ash O. Morgan, John Whitehead and Tim Haab

04-23: Temporal Reliability of Willingness to Pay from the National Survey of Fishing, Hunting, and Wildlife-Associated Recreation

John Whitehead and Richard Aiken

04-22: Expectations and Comparative Arbitration Institutions

David Dickinson

04-21: Willingness-to-Pay for Information: Experiex-post, have been developed to mitigate or eliminate the overstatement of hypothetical willingness to pay. The ex-ante approach addresses hypothetical bias in the survey design stage while the ex-post approach addresses hypothetical bias with follow-up questions to the hypothetical willingness to pay question. We find that willingness to pay estimates are similar when either the ex-ante or ex-post approach is employed. We argue the approaches should be considered as complements and not substitutes. Employing both approaches to mitigate hypothetical bias we estimate that the annual benefits of the regional amenities associated with a green energy program in North Carolina are $186 million

David Dickinson and Dee Von Bailey

04-19: Bargaining Outcomes with Double-Offer Arbitration

David Dickinson

04-18: Prices as Indicators of Scarcity: An Experimental Study of a Multistage Auction

Tanga McDaniel and Andreas Nicklisch

04-17: Minimum LM Unit Root Test with One Structural Break

Junsoo Lee and Mark C. Strazicich

04-16: Regulatory Federalism and the Distribution of Air Pollutant Emissions

Erwin Bulte, John List and Mark C. Strazicich

04-15: Contingent Valuation of Sports Stadiums and Arenas: Temporal Embedding and Order Effect

Bruce Johnson, Mike Mondello and John Whitehead

04-14: Historical Net Discount Rates and Future Economic Losses: Refuting the Common Practice

Bradley Braun, Junsoo Lee and Mark C. Strazicich

04-13: Environmental Risk and Averting Behavior: Predictive Validity of Revealed and Stated Preference Data

John Whitehead

04-12: Measuring the Economic Benefits of Water Quality Improvement with the Benefit Transfer Method: An Introduction for Non-Economists

Chris Dumas, Pete Schuhmann and John Whitehead

04-11: Transboundary Pollution and the Clean Air Act: Evidence from California

Todd Cherry

04-10: The Impact of Endowment Heterogeneity and Origin on Contributions in Best-Shot Public Good Games

Todd Cherry, Stephan Kroll and Jason Shogren

04-09: A Competitive Model of (Super)Stars

Tim Perri

04-08: How Might Adam Smith Pay Professors Today?

Tim Perri

04-07: Modeling Hidden Alternatives in Random Utility Models: An Application to Don’t Know Responses in Contingent Valuation

Steven B Caudill and Peter Groothuis

04-06: The Analytics of Taxes, Infrastructure, and Growth--With Evidence from the States

John Dawson and E. Frank Stephenson

04-05: Early Entry in the NBA Draft: The Influence of Unraveling, Human Capital and Option Value

Peter Groothuis, Richard Hill and Tim Perri

04-04: Trend Breaks and Seasonality in the Yugoslav Black Market for Dollars, 1974-1987

John Dawson, Steven Millsaps and Mark Strazicich

04-03: Does Rank-Order Grading Improve Student Performance: Evidence from a Classroom Experiment

Todd Cherry and Larry Ellis

04-02: Consumer Benefits of Labels and Bans on GMO Foods: An Emprical Analysis Using Choice Experiments

Fredrik Carlsson, Peter Frykblom and Carl-Johan Lagerkvist

04-01: Examining the Role of Fairness in High Stakes Allocation Decisions

Todd Cherry and John List

03-10: Regulation, Investment, and Growth Across Countries

John Dawson

03-09: Voting, Punishment, and Public Goods: An Experimental Investigation

Todd Cherry, Stephan Kroll and Jason Shogren

03-08: Valuing Farm Animal Welfare: Using Choice Experiments to Test for Market Failure

Fredrik Carlsson, Peter Frykblom and Carl-Johan Lagerkvist

03-07: Benefits Transfer: A Comparison of Approaches

Peter Groothuis

03-06: Does Rank-Order Grading Improve Student Performance? Evidence from the Classroom

Todd Cherry and Larry Ellis

03-05: The Impact of Endowment Heterogeneity and Origin on Public Good Contributions: Evidence from the Lab

Todd Cherry, Stephan Kroll and Jason Shogren

03-04: Adam Smith and the Payment of Professors

Tim Perri

03-03: LDC National Income and Specialization in Quality: An Empirical Analysis of the Relationship Between Income and Quality Choice

Teresa Beckham Gramm and Kellie L. Maske

03-02: Cost-benefit analysis in Sweden: General Use and an Application to Coastal Water Quality Management

Peter Frykblom, A. Helgesson, T. Scharin and T. Söderqvist

03-01: Are Preferences for Skewness Fixed or Fungible?

Todd Cherry, Sara Gunnarsson and Jason Shogren

02-15: Does Don't Know Mean No? Analysis of 'Don't Know Responses in Dichotomous Choice Contingent Valuation Questions

Peter Groothuis and John Whitehead

02-14: Hypothetical Bias and Willingness to Accept

Peter Frykblom, Glenn Harrison, Clay Lesley and Stephen Nape

02-13: Laboratory Testbeds and Nonmarket Valuation: The Case of Bidding Behavior in a Second Price Auction with an Outside Option

Todd Cherry, Peter Frykblom, John List, Jason Shogren and Melonie Williams

02-12: Determinants of Scholarly Productivity Among Male and Female Economists

Garey Durden, Patricia Gaynor and Kellie Maske

02-11: Exit Discrimination in the NBA: A Duration Analysis of Career Length Using Flow and Stock Samples

Peter Groothuis and J. Richard Hill

02-10: Efficient Markets, Fair Bets, and Profitability in NBA Totals 1995-96 to 2001-02

Rodney Paul, Andrew Weinbach and Mark Wilson

02-09: Public Funding of Professional Sports Stadiums: Public Choice or Civic Pride?

Peter Groothuis, Bruce Johnson and John Whitehead

02-08: Educational Externalities

Tim Perri

02-07: Regulation and the Macroeconomy

John Dawson and John Seater

02-06: Hardnose the Dictator

Todd Cherry, Peter Frykblom and Jason Shogren

02-05: Is Class Attendance a Proxy Variable for Student Motivation in Economics Classes? An Empirical Analysis

Garey Durden and Larry Ellis

02-04: Measuring Federal Regulatory Activity in the U.S.: 1938-1994

John Dawson

02-03: Rationality Crossovers

Todd Cherry and Jason Shogren

02-02: The Cost of Specialized Human Capital

Tim Perri

02-01: Voting, Punishment and Public Goods: An Experimental Investigation

Todd Cherry, Stephan Kroll and Jason Shogren

01-06: The Contributions and Impact of Professor William H. Riker

Garey Durden and Kellie Maske

01-05: The Social Cost of Coal: A Tale of Market Failure and Market Solution

Todd Cherry and Jason Shogren

01-04: Causality in the Freedom-Growth Relationship

John Dawson

01-03: Valuing Safer Food: Lessons from a Decade in the Lab

Todd Cherry, Dermot Hayes, John Fox and Jason Shogren

01-02: Rationality Spillovers

Todd Cherry, Thomas Crocker and Jason Shogren

01-01: Costly Coasean Bargaining and Property Right Security

Todd Cherry and Jason Shogren