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Full-Text Articles in Economics
A Sustainability-Based Project Selection Algorithm: Socio-Technical-Economic Project Selection (Steps) Algorithm, Bharathi Bhattu
A Sustainability-Based Project Selection Algorithm: Socio-Technical-Economic Project Selection (Steps) Algorithm, Bharathi Bhattu
Dissertations, Master's Theses and Master's Reports
Multi-dimensional aspects play a vital role in the task of project-decision making. Environmental effects are to be considered in addition to other technical and non-technical aspects in order to avoid undue environmental damage. This current work introduces a new decision-making algorithm (Socio-Technical-Economic Project Selection or STEPS) that is demonstrated with the use of RCA (recycled concrete aggregate) as riprap for slope stabilization and erosion control which leaches chemical arsenic when in contact with water. Arsenic has long been recognized for its lethal properties. The main intention of introducing this new algorithm is to use sustainability concepts of social, technical, and …
Individuals Willingness To Pay For Health And Wellness In The Built Environment, Max Pollinger
Individuals Willingness To Pay For Health And Wellness In The Built Environment, Max Pollinger
Journal of Environmental and Resource Economics at Colby
Improving biological sustainability through health and wellness improvements in the built environment is currently being applied to high-end real estate development in both the residential and commercial environment in the United States. However, the market for health and wellness extends well beyond the top income bracket. This study adopts a choice experiment (CE) approach to investigate individual’s willingness to pay (WTP) for health and wellness improvements within their homes. The results suggest that individuals value health as an inelastic good independent of income, and they are willing to pay significant premiums to ensure biological sustainability within their homes independent of …
On Consumers’ Valuation Of Nutritional Labels On Food Away From Home Products, Andreas Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.
On Consumers’ Valuation Of Nutritional Labels On Food Away From Home Products, Andreas Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.
Andreas Drichoutis
We examine consumers’ valuation for Food Away From Home (FAFH) products with and without nutritional labels using experimental auctions. We presented subjects with three different nutritional information schemes: a EU type label, a US type label and a Traffic Light (TL) label. Our results indicate that subjects bid more for the products with nutritional labels. However, among products with nutritional information, subjects’ willingness to pay values differ depending on the type of nutritional label.