320 research outputs found
Valuing Local Environmental Amenity with Discrete Choice Experiments: Spatial Scope Sensitivity and Heterogeneous Marginal Utility of Income
Using discrete choice experiments we examine preferences for the spatial provision of local environmental improvements in the context of regeneration policies. Amenities we consider are: improvements to areas of open space, recreation facilities and other public spaces; street cleanliness; restoration of derelict properties; and the provision of paths dedicated to cycling and walking. We include the spatial scope of the policy as an attribute, making the trade-off between environmental amenity and its spatial provision explicit. We employ a novel estimator for average willingness to pay (WTP) for mixed logit models with a random cost coefficient, which is robust to the presence of price insensitive respondents and performs well relative to mixed logit estimation in WTP space. We find that the spatial scope of the policy affects both the intensity and heterogeneity of preferences, and that these effects are of statistical and economic significance.Non-market valuation, Discrete choice experiments, Local environment, Spatial analysis, WTP estimation, Urban planning
Social Architecture, Judicial Peer Effects and the Evolution of the Law: Toward a Positive Theory of Judicial Social Structure
Building upon the themes of this symposium, as well as a growing extant literature demonstrating the common law displays properties of a complex system, we believe existing theories of judicial decision-making and legal change would benefit from the concepts and techniques typically reserved for the study of complexity. Among possible approaches, network analysis offers one manner of representing the interactions between various entities across a complex system. Specifically, as applied to the path of the common law as well as theories of judicial decision-making, the networks paradigm helps evaluate the manner in which individual level judge choice maps to the judiciary\u27s aggregate doctrinal outputs. Of course, to the extent individual decision-making is driven by factors entirely intrinsic to a given case and a given jurist, the study of interactions is arguably trivial as the description of aggregate would reflect little more than the summation of individual preferences in a manner consistent with the institution\u27s aggregation rule. It is far more likely, however, that judicial choice is, at least in part, impacted by a combination of jurists who are socially prominent and socially proximate. While in some forms of network structure such peer effects are limited, in many states of the social world, they are supremely consequential. The precursor to evaluating potential doctrinal consequences is a classificatory effort designed to determine the micro implications of a given observed macro landscape. Section I provides a brief overview of complexity theory while simultaneously reviewing existing theories of judicial decision-making and legal change. Section II considers a series of classic network structures. Among the possibilities considered herein are random graphs, clustered graphs, as well models built upon processes of preferential attachment. Drawing from the larger complexity literature, Section II also describes the processes of self-organization likely responsible for generating each of these network structures. With an understanding of these possible states of the world in mind, Section III concludes with a consideration of judicial decision making, arguing the path of the law - from emergence to convergence - is conditioned, in part, upon the nature of self-organized social architecture that relevant decisional actors confront. In all, we believe architecture matters. Thus, our broad sweep of the possibility frontier should help identify the conditions under which network effects are present in the development of the common law
Valuing Local Environmental Amenity with Discrete Choice Experiments: Spatial Scope Sensitivity and Heterogeneous Marginal Utility of Income
Using discrete choice experiments we examine preferences for the spatial provision of local environmental improvements in the context of regeneration policies. Amenities we consider are: improvements to areas of open space, recreation facilities and other public spaces; street cleanliness; restoration of derelict properties; and the provision of paths dedicated to cycling and walking. We include the spatial scope of the policy as an attribute, making the trade-off between environmental amenity and its spatial provision explicit. We employ a novel estimator for average willingness to pay (WTP) for mixed logit models with a random cost coefficient, which is robust to the presence of price insensitive respondents and performs well relative to mixed logit estimation in WTP space. We find that the spatial scope of the policy affects both the intensity and heterogeneity of preferences, and that these effects are of statistical and economic significanc
Valuing improvements in biodiversity due to controls on atmospheric nitrogen pollution
Atmospheric nitrogen pollution has severe impacts on biodiversity, but approaches to value them are limited.
This paper develops a spatially explicit methodology to value the benefits from improvements in biodiversity
resulting from current policy initiatives to reduce nitrogen emissions. Using the UK as a case study, we quantify
nitrogen impacts on plant diversity in four habitats: heathland, acid grassland, dunes and bogs, at fine spatial
resolution. Focusing on non-use values for biodiversity we apply value-transfer based on household's willingness
to pay to avoid changes in plant species richness, and calculate the benefit of projected emission declines of 37%
for nitrogen dioxide (NO2) and 6% for ammonia (NH3) over the scenario period 2007–2020. The annualised
benefit resulting from these pollutant declines is £32.7m (£4.4m to £109.7 m, 95% Confidence Interval), with
the greatest benefit accruing from heathland and acid grassland due to their large area. We also calculate damage
costs per unit of NO2 and NH3 emitted, to quantify some of the environmental impacts of air pollution for
use alongside damage costs for human health in policy appraisal. The benefit is £103 (£33 to £237) per tonne of
NO2 saved, and £414 (£139 to £1022) per tonne of NH3 saved
The moderating factors of neuroticism and extraversion in pain anticipation
This study investigates the moderator relationship between three psychological variables on pain threshold and tolerance: pain anticipation, neuroticism and extraversion. It is hypothesised that (a) a significant effect of anticipation on both pain threshold and tolerance will exist; wherein high-intensity pain anticipation will predispose lower pain threshold and tolerance, and (b) high neuroticism and low extraversion will moderate this relationship. The study was conducted using 76 participants who completed the cold pressor test under one of three conditions: control condition, intense-pain expectant condition or low-pain expectant. The results of the study showed no significant effect of anticipation and no significant moderator relationship for neuroticism or extraversion on pain threshold and tolerance, thus both hypotheses are not supported. Implications for future research are discussed providing new and unique findings, as no prior research into the moderator relationship between anticipation, personality traits and pain currently exists
Valuing the Benefits of Regeneration: Economics paper 7 - Volume II - Logic chains and literature review
Reproduction of Hierarchy? A Social Network Analysis of the American Law Professoriate
Article published in the Journal of Legal Education
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