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Social and Behavioral Sciences Commons™
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Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
Making – Or Picking – Winners: Evidence Of Internal And External Price Effects In Historic Preservation Policies, Douglas S. Noonan, Douglas J. Krupka
Making – Or Picking – Winners: Evidence Of Internal And External Price Effects In Historic Preservation Policies, Douglas S. Noonan, Douglas J. Krupka
Douglas S. Noonan
Much has been written identifying property price effects of historic preservation policies. Little attention has been paid to the possible policy endogeneity in hedonic price models. This paper outlines a general case of land use regulation in the presence of externalities and then demonstrates the usefulness of the model in an instrumental-variables estimation of a hedonic price analysis – with an application to historic preservation in Chicago. The theoretical model casts doubt on previous results concerning price effects of preservation policies. The comparative statics identify some determinants of regulation that seem, on the face of it, most unlikely to also …
Price Signals And Consumers’ Energy Conservation Behavior: The Case Of Responsiveness In Residential Hvac Technologies From 1990-2003, Douglas S. Noonan, Brett M. Baden
Price Signals And Consumers’ Energy Conservation Behavior: The Case Of Responsiveness In Residential Hvac Technologies From 1990-2003, Douglas S. Noonan, Brett M. Baden
Douglas S. Noonan
Incentives to adopt energy efficient heating, ventilation, and air conditioning (HVAC) systems are moderated by regulatory regimes governing utility prices. Homeowners with different HVAC systems can expect the quality of those HVACs systems – including energy efficiency – to be reflected in higher sale prices for their property. How these premiums vary with changes in energy prices is assessed for Chicago. Comparing HVAC price premiums for gas and electricity allows comparative policy analysis, since natural gas prices were deregulated in 1993 and electricity prices were regulated until 2007. The results show how (de)regulating energy prices affects incentives to adopt green …
State-Level Variations In Open Source Policies, Paul M. A. Baker, Douglas S. Noonan, Art Seavey, Nathan C. Moon
State-Level Variations In Open Source Policies, Paul M. A. Baker, Douglas S. Noonan, Art Seavey, Nathan C. Moon
Douglas S. Noonan
The open source software (OSS) model represents an alternative to traditional proprietary software usage. Yet relatively little is known about the conditions impacting policy related to OSS development, diffusion, and adoption. This paper explores the concept of a state-level open source index (SLOSI) to measure open source policy related initiatives at the state-level in the United States. One rationale for developing a SLOSI is to gauge how well a state's (political, economic, social, technological) environment relates to its OSS policies. This metric readily lends itself to evaluating the political, social, and economic aspects of adoption of the OSS approach. The …
Neighborhood Dynamics And The Housing Price Effects Of Spatially Targeted Economic Development Policy, Douglas J. Krupka, Douglas S. Noonan
Neighborhood Dynamics And The Housing Price Effects Of Spatially Targeted Economic Development Policy, Douglas J. Krupka, Douglas S. Noonan
Douglas S. Noonan
Neighborhoods are the result of a complicated interplay between residential choice, housing supply and the influences of the larger metropolitan system on its constituent parts. We model this interplay as a system of reduced-form equations in order to examine the effects of a generous spatially targeted economic development program (the federal Empowerment Zone program) on neighborhood characteristics, especially housing values. This system of equations approach allows us to compute direct effects of the policy intervention as well as the effects mediated through non-price channels such as changes in the housing stock or neighborhood demographics. In the process, we are able …