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Social and Behavioral Sciences Commons

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Economics

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Utah State University

Applied Economics Faculty Publications

2008

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

D Is For Dillydally?, Arthur J. Caplan, John Gilbert Jan 2008

D Is For Dillydally?, Arthur J. Caplan, John Gilbert

Applied Economics Faculty Publications

Evidence from online assignments in an intermediate microeconomics course suggests that nonprocrastinators (both early-starters and front-loaders) score higher than their dilly-dallying counterparts. Students who are busier in school tend to start their assignments earlier.


Incremental And Average Control Costs In A Model Of Water Quality Trading With Discrete Abatement Units, Arthur J. Caplan Jan 2008

Incremental And Average Control Costs In A Model Of Water Quality Trading With Discrete Abatement Units, Arthur J. Caplan

Applied Economics Faculty Publications

This paper answers three questions related to the discrete nature of pollution abatement: (i) does a source's incremental control cost (as defined by the U.S. Environmental Protection Agency) necessarily exceed its average control cost, (ii) is incremental control cost a better approximation of a source's willingness to pay for abatement credits than average control cost, and (iii) exactly how does trading in discrete and continuous abatement markets differ? We find that the answer to the first two questions are both "no", suggesting that the U.S. Environmental Protection Agency needs to refine its reliance on incremental control cost as the sole …