" A Marginal Economic Measure of Energy Efficiency: Shadow Value Approach"Khademvatani, Asgar | |
Appropriate Property Rights Regimes and Regulatory Processes for the Unconventional Gas EraEaton, B. Curtis, Ingelson, Allan and Knopff, Rainer | |
Developing Heuristic-Based Quality Judgements: Blocking in Consumer ChoiceOxoby, Robert and Finnigan, Hugh | |
Effective property rights, conflict and growthGonzalez, Francisco M. | |
" Energy Shadow Value as an Economic Measure of Energy Efficiency: An Intuitive and Theoretical Perspective"Khademvatani, Asgar | |
Episodic Nonlinear Event Detection in the Canadian Exchange RateHinich, Melvin J. and Serletis, Apostolos | |
Estimating the effects of movie piracy at the box officeDe Vany, A. and Walls, W. D. | |
Estimating the effects of movie piracy on box-office revenueWalls, W. D. and DeVany, A.Piracy is one of the most challenging problems faced by the motion picture industry. The Motion Picture Association of America estimates that US studios lose more than $3 billion annually in box office revenue from piracy. They have launched a major effort to prevent these losses. Yet their efforts are hampered by the ex post, counterfactual, and indirect methods by which losses are usually estimated. This paper addresses these issues directly. We develop and estimate a statistical model of the effects of piracy on the box-office performance of a widely-released movie. The model discredits the argument that piracy increases sales, showing unambiguously that Internet piracy diminished the box-office revenues of a widely released motion picture. The model overcomes a major weakness of counterfactual or “but for piracy” methods widely used to estimate damages. These counterfactual methods violate the “nobody knows” principle because they forecast what the movie would have earned in the absence piracy. The model we present does not violate this basic principle of motion picture uncertainty. We estimate that pre-release and contemporaneous Internet downloads of a major studio movie accelerated its box-office revenue decline and caused the picture to lose about $40 million in revenue. | |
Export Taxes: How They Work and Why They are UsedGaisford, James and Scholefield, R. in Gaisford, James and Kerr, W. Handbook on International Trade Policy | |
Financing Health Care - New Ideas for a Changing SocietyLu, Mingshan and Jonsson, Egon | |
Functional Structure Inference.Barnett, William A. and Serletis, Apostolos | |
Handbook on International Trade PolicyGaisford, James and Kerr, W.A. | |
Hecksher-Ohlin in Canada: New Estimates of Regional Wages and Land PricesEmery, Herbert, Inwood, Kris and Thille , Henry | |
Interest Group Competition over Policy Outcomes: Dynamics, Strategic Behavior, and Social CostsBoyce, John | |
International Trade Policy and Re-investment in the Russian EconomyGaisford, James and Iourkova, I. in Gaisford, James, Kerr, W. and Mayevsky, V. Revitalizing Russian Industry: the Road Ahead After Fifteen Years of Transition | |
Labor Adjustment Costs, Shocks, and the Real Business CycleJanko, Zuzana in William A. Barnett and Apostolos Serletis Functional Structure Inference | |
Liquid Gold: Water Markets in Canada (Chapter 10)Horbulyk, Ted in Karen J. Bakker, (editor) Eau Canada: The Future of Canada's Water | |
Measuring Impatience: Elicited Discount Rates and the Barratt Impulsiveness ScaleOxoby, Robert and McLeish, Kendra N. | |
Mine and Yours: Property Rights in Dictator GamesOxoby, Robert and Spraggon, John | |
Modelling Approaches to the Analysis of Trade Policy. Computable General Equilibrium and Gravity Models.Ivus, Olena and Strong, Aaron in Gaisford J. and Kerr W. Handbook on International Trade Policy | |
Money and the Economy.Serletis, Apostolos | |
Nominal Wage Contracts and the Monetary Transmission MechanismJanko, Zuzana | |
Per-unit bidding rules and buyer under-performance in natural resource salesWalls, W. D. and Rusco, F.In this article, we examine the role of per-unit bidding rules on firm-level contractual performance. In particular, we test the hypothesis that buyers will act on incentives to under-perform when bids are accepted in per-unit form. The empirical application uses data from per-unit auction sales of US Forest Service timber. The statistical analysis indicates that buyers systematically undercut when per-unit bids exceed the value of individual units of timber. | |
Power plant investment in restructured marketsWalls, W. D., Rusco, F. and Ludwigson, J. | |
Preliminary Injunctions and Damage Rules in Patent LawBoyce, John and Aidan Hollis | |
Price effects of boutique motor fuelsWalls, W. D. and Rusco, F.Federal clean air regulations have spawned a proliferation of motor fuel types that have created differentiated markets for motor fuels, increased the cost of supplying these fuels, and reduced the capacity of the supply infrastructure. In this paper we examine wholesale gasoline prices in 99 US cities over a time horizon of 204 weeks using a panel data regression model to explain fuel prices as a function of fuel attributes, the price of crude oil, and seasonal and city-market-specific effects. Our results show that fuel prices are related to the use of a special blend not widely available in the region and more costly to make, and the situation of the particular city market in relation to major refining centers or other sources of supply. | |
Price effects of boutique motor fuels: Federal environmental standards, regional fuel choices, and local gasoline pricesWalls, W. D. and Rusco, F. | |
Productivity and Convergence Trends in the OECD: Evidence from a Normalized Quadratic Variable Profit FunctionFeng, Guohua and Serletis, A. in W.A. Barnett and A. Serletis Functional Structure Inference | |
Psychiatric Disorders and Labor Market Outcomes: Evidence from the National Latino and Asian American Study (NLAAS)Chatterji, Pinka, Alegria, Margarita, Lu, Mingshan and Takeuchi, David | |
Revitalizing Russian Industry: the Road Ahead After Fifteen Years of TransitionGaisford, James, Kerr, W. and Mayevsky, V. | |
Rules of Origin and Tariff CircumventionGaisford, James and Lang, S. in Gaisford, James and Kerr, W. Handbook on International Trade Policy | |
Skill Uncertainty and Social InferenceOxoby, Robert | |
Sustainable Resource Use and Economic DynamicsSmulders, Sjak and Bretschger, Lucas | |
The Demand for Money: Theoretical and Empirical Approaches.Serletis, Apostolos | |
The Effect of Incentive Structure on Heuristic Decision Making: The Proportion HeuristicOxoby, Robert | |
The Effects of Recommended Play on Compliance with Ambient Pollution InstrumentsOxoby, Robert and Spraggon, John in in Experimental Methods in Environmental Economics, T. Cherry, S. Kroll and J. Shogren (eds.) | |
The Impact of Intellectual Property Rights on Welfare and Trade Flows.Ivus, Olena in Gaisford J. and Kerr W. Handbook on International Trade Policy. | |
The Production of Eco-LabelsBruce, Christopher and Laroiya, A. | |
Thin Markets and Under-Investment in the Russian EconomGaisford, James in Gaisford, James, Kerr, W. and Mayevsky, V. Revitalizing Russian Industry: the Road Ahead After Fifteen Years of Transition | |
Trade Creation and Trade Diversion; Analyzing the Impact of Regional Trade AgreementsGaisford, James and Kendall, L. in Gaisford, James and Kerr, W. Handbook on International Trade Policy | |
Trade Distortion: Border Measures versus Domestic SupportGaisford, James in Gaisford, James and Kerr, W. Handbook on International Trade Policy | |
Urban and Rural Disparity in Health Services Utilization in ChinaLiu, Meina, Zhang, Qiujiu, Lu, Mingshan, Kwon, Churl-Su and Quan, Hude | |
Why are there Trade Agreements?Gaisford, James and Hester, A. in Gaisford, James and Kerr, W. Handbook on International Trade Policy | |
Will the TRIPS Agreement Foster Appropriate Biotechnologies for Developing Countries?Gaisford, James, Hobbs, J.E. and Kerr, W.A. |