INCENTIVE COMPATIBLE REFERENDA AND THE VALUATION OF ENVIRONMENTAL GOODS

Recent attempts to test the validity of the contingent valuation method have relied on laboratory-type experiments. In these experiments, willingness to pay responses in hypothetical choice experiments are compared with responses from choice experiments requiring actual payments. Often evidence of hypothetical bias is found. Critical for these experimental tests of hypothetical surveys is that the methodology used to elicit willingness to pay from subjects in the real-payment experiment be demand revealing. If it is not, then differences in responses to hypothetical and real valuation questions could be due to free-riding in the real-payment survey and not due to hypothetical bias in the hypothetical survey. This paper reports on experiments that implement a theoretically incentive-compatible revelation mechanism (a closed referendum) to elicit responses to valuation questions in both hypothetical and real experiments. As in earlier studies, evidence of an upward hypothetical bias is found.Environmental Economics and Policy,

Asymmetric synthesis of tetrahydroquinolines via aza-Michael reactions

The tetrahydroquinolines structural unit is found in a number of natural products that exhibit a variety of biological activities including anti-allergic, anti-inflammatory and antitumour. As a result there is significant interest in their synthesis. This PhD thesis describes the work undertaken in the development of a new synthetic route that can be applied to the asymmetric synthesis of structurally diverse tetrahydroquinolines. The introductory chapter outlines the main current synthetic strategies towards tetrahydroquinolines and their application to the synthesis of some biologically interesting compounds. Chapter 2 discusses work on the total asymmetric synthesis of the Galipea alkaloids. An aza-Michael reaction was used to install the required stereochemistry. Extensive optimisation of the aza-Michael reaction resulted in high enantioselectivities, with optically pure material obtained upon recrystallisation. Various synthetic procedures were investigated for formation of the tetrahydroquinoline ring system and the remainder of the synthesis, with the Galipea alkaloids obtained from a common precursor. Work towards the formal synthesis of the Martinelline alkaloids, using the aza-Michael reaction to set the first stereocentre, is detailed in Chapter 3. A range of different α, β-unsaturated carbonyl and anilines were investigated for the aza-Michael reaction, with 85% enantioselectivity obtained on optimisation. Formation of the tetrahydroquinoline core was achieved and the installation of the second chiral centre investigated. Chapter 4 describes any miscellaneous work conducted, including preliminary investigations towards the synthesis of levonantradol. The last Chapter contains the experimental procedures and characterisation data for all the compounds synthesised during the course of this project

Use Permits: A Hedonistic Approach Applied to Farmland in the Southeastern US

In the State of Georgia, any agricultural producer who wishes to pump more than 100,000 gallons of water a day for crop irrigation is required to have an irrigation permit. The permit stays with the land and in the event of sale the permit is transferred with the property. Until recently, permits were essentially granted freely to all applicants in the Flint River water basin, without limit. In 1999, however, with increasing demand for water from growing urban Atlanta and several years of drought in the Southeast, the state of Georgia placed a moratorium on the issuance of agricultural water permits in the Flint River basin. This research exploits this policy change within a hedonic pricing framework to estimate the value of irrigation rights in the Southeast US. While the value of irrigation rights has been studied extensively in the western US, differences in property rights and legal regimes, as well as a lack of established water-rights markets in the East, leave us with little information regarding the value of irrigation rights in this setting. Working Paper 06-4

The economic impact of broadband deployment in Kentucky

Significant resources are being invested by government and the private sector in broadband infrastructure to increase broadband deployment and use. With a unique dataset of broadband availability (sorted by county), the authors assess whether broadband infrastructure has affected the industrial competitiveness of Kentucky counties. Their results suggest that broadband availability increases employment growth in some industries but not others.Economic development ; Kentucky

Using Meta Analysis for Benefits Transfer: Theory and Practice

Meta-analysis, or the "study of studies", attempts to statistically measure systematic relationships between reported valuation estimates for an environmental good or service and attributes of the study that generated the estimates including valuation methods, human population and sample characteristics, and characteristics of the good or service itself. In this paper, we discuss the general theory behind and practice of the emerging use of meta-analysis for benefits transfer. If carefully conducted following systematic protocols for model development, data collection, and data analysis and interpretation, we believe that meta-analysis may prove to be a useful tool for benefits transfer in particular applications. However, before widespread application of this method, more convergent validity tests are needed. One of the greatest strengths of using meta-analysis for benefits transfer is the ability to combine and summarize large amounts of information from previous studies. This strength can also lead to one of the greatest weaknesses of this method which is the loss of important valuation details across time and space in the aggregation process. Thus, application of this method to policy questions and issues should always proceed with caution.

Literacy difficulties in Higher Education:identifying students’ needs with a Hybrid Model

Aims Aims Studies on literacy difficulties have mainly focused on children or adults who have a diagnosis of dyslexia. Some students enter university without such a diagnosis, but with literacy difficulties, and this may impact their ability to become independent learners and achieve academically. This exploratory study aims to employ a hybrid model for developing profiles for such individuals. The hybrid model encompasses the causal modelling framework (CMF; Morton & Frith, 1993), the proximal and distal causes of literacy difficulties (Jackson & Coltheart, 2001) and the conceptual framework for identification of dyslexia (Reid & Came, 2009). Method In this multiple case study design, three young adults with literacy difficulties were interviewed. Using narrative analysis, we compared the cases’ responses with the responses of a matched control student without literacy difficulties. Findings The main findings of the comparison suggested that the proposed hybrid model could be an effective way to highlighting potential obstacles to learning in those with literacy difficulties and would, therefore, be an invaluable tool for educational psychologists who work in adult educational settings. Limitations This is an exploratory study based on multiple case studies. A group study with more individuals should be conducted in order to further validate the proposed hybrid model. Conclusions The current study highlights the importance of understanding the psychosocial, as well as the cognitive and biological aspects of literacy difficulties, without claiming generalisability

Altruism Spillovers: Are Behaviors in Context-Free Experiments Predictive of Altruism Toward a Naturally Occurring Public Good?

This paper addresses the external validity of experiments investigating the characteristics of altruism in the voluntary provision of public goods. We conduct two related experiments that allow us to examine whether individuals who act more altruistically in the context-free environment are also more likely to act altruistically toward a naturally-occurring public good. We find that laboratory behavior can be predictive of contributions toward naturally-occurring goods, but not in a uniform way. In fact, parametric measures of altruism do a poor job of predicting which subjects are most likely to contribute to a naturally-occurring public good.

Developing Offset Banking Systems in Georgia

Offset banking involves a public or private entity investing in a project that has the effect of substantially reducing a targeted pollutant(s), such as sediment runoff, phosphorus, heavy metals, etc. This project is referred to as "the bank." The entity creating the bank receives "credits" for the associated reduction in pollutants, which it can then sell to publically-owned treatment works (POTWs) or other point source polluters facing high costs of meeting discharge standards. Trades can be allowed on a 1-to-1 basis: the buyer obtains one credit for each creditequivalent increase in pollution associated with his/her activities; or higher trading ratios can be required, e.g., 3:1, where the buyer must acquire (in this example) three credits for each creditequivalent increase in pollution associated with his/her activities. In this latter case trades result in actual environmental improvements.This paper addresses two major issues. The first refers to the steps required to establish a pilot project for one or more offset banking projects in Georgia. These steps are: identifying entities with incentives to purchase offset credits; identifying one or more entities that might establish a bank, and potential bank sites; establishing trading rules with appropriate local water quality management authorities; and obtaining approval of the proposed trading program from the U.S. EPA.The second major issue addressed in the paper is means by which an offset bank might be created. For this purpose, a brief survey is offered of existing water quality trading projects in the U.S.. Buyers of offset credits are virtually always point-source polluters (POTWs or industries). Point and non-point projects have been used as "banks" -- as a source for offset banking credits. Attention in this paper is focused on non-point sources that might serve as banks for pilot offset banking projects in Georgia. Both low- and high-technology alternatives that might be used for such projects are discussed.Notwithstanding incentive-related limitations on the number of point source polluters that might constitute the "demand" for offset credits discussed in section II, the authors have identified one entity (Fulton County) that may represent significant demand for credits, and they expect to identify others. Moreover, the authors argue that continued growth in Georgia, particularly in the Atlanta and Coastal areas of the State, will give rise to sufficient numbers of point source entities seeking new discharge permits to warrant interest in offset banking as a means of meeting increasingly stringent discharge restrictions at minimum cost. If or when enforcement of TMDLs gains strength in the State, needs for systems like offset banking will increase accordingly. These considerations, and the associated benefits to Georgians that might attend the establishment of offset banking programs in the State, serve as the rationale for the author's continued interest in exploring means by which pilot offset banking projects can be established in Georgia. Working Paper # 2003-00

Bridging the Gap Between Research and Practice: The Agile Research Network

We report an action research-oriented approach to investigating agile project management methods which aims to bridge the gap between academic research and agile practice. We have set up a research network of academics from two universities, through which we run focussed project-based research into agile methods. Organisations are invited to suggest an ‘agile challenge’ and we work closely with them to investigate how challenge affects them. Our approach is both academic and practical. We use appropriate research methods such as interviews, observation and discussion to clarify and explore the nature of the challenge. We then undertake a detailed literature review to identify practical approaches that may be appropriate for adoption, and report our findings. If the organisation introduces new practices or approaches as a result of our work, we conduct an academic evaluation. Alternatively, if we uncover an under-researched area, we propose undertaking some basic research. As befits the topic, we work iteratively and incrementally and produce regular outputs. In this paper we introduce our approach, overview research methods used in the agile research literature, describe our research model, outline a case study, and discuss the advantages and disadvantages of our approach. We discuss the importance of producing outputs that are accessible to practitioners as well as researchers. Findings suggest that by investigating the challenges that organisations propose, we uncover problems that are of real relevance to the agile community and obtain rich insights into the facilitators and barriers that organisations face when using agile methods. Additionally, we find that practitioners are interested in research results as long as publications are relevant to their needs and are written accessibly. We are satisfied with the basic structure of our approach, but we anticipate that the method will evolve as we continue to work with collaborators