74 research outputs found

    An Empirical Investigation of Federal Wetlands Regulation and Flood Delineation: Implications for Residential Property Owners

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    Since the early 1970s, the federal government has undertaken extensive efforts to stem the loss of wetlands by regulating the use of land. This paper investigates the extent to which residential property owners are affected by federal wetlands regulation, by presenting an empirical investigation of such economic consequences. Results suggest that because of the Supreme Court?s holding in United States v. Riverside Bayview Homes, Inc., sale prices of properties located in a wetlands area were discounted nearly eight percent, even after controlling for some sample properties being flood delineated.

    Valuation of small and multiple health risks: A critical analysis of SP data applied to food and water safety

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    This study elicits individual risk preferences in the context of an infectious disease using choice experiments. A main objective is to examine scope sensitivity using a novel approach. Our results suggest that the value of a mortality risk reduction (VSL) is highly sensitive to the survey design. Our result cast doubt on the standard scope sensitivity tests in choice experiments, but also on the validity and reliability of VSL estimates based on stated-preference studies in general. This is important due to the large empirical literature on non-market evaluation and the elicited values’ central role in policy making

    Literary studies and the academy

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    In 1885 the University of Oxford invited applications for the newly created Merton Professorship of English Language and Literature. The holder of the chair was, according to the statutes, to ‘lecture and give instruction on the broad history and criticism of English Language and Literature, and on the works of approved English authors’. This was not in itself a particularly innovatory move, as the study of English vernacular literature had played some part in higher education in Britain for over a century. Oxford University had put English as a subject into its pass degree in 1873, had been participating since 1878 in extension teaching, of which literary study formed a significant part, and had since 1881 been setting special examinations in the subject for its non-graduating women students. What was new was the fact that this ancient university appeared to be on the verge of granting the solid academic legitimacy of an established chair to an institutionally marginal and often contentious intellectual pursuit, acknowledging the study of literary texts in English to be a fit subject not just for women and the educationally disadvantaged but also for university men

    The participants’ view in the VR, 3D, and 2D conditions.

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    (A) An example screenshot of the view for participants in the VR condition. Specifically, this showcases the participant’s view at the beginning of each trial. No stimulus features are visible. (B) An example screenshot from the 3D condition showing the participant’s point of view during the feedback phase. Participant’s choice shown in red, correct answer shown in green. Participant’s choice lights up in green if they answered correctly. (C) The 2D stimulus as presented to the 2D group. Symbols and category structure are the same across all three conditions.</p
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