Publications
Publication: The effect of bus rapid transit on local home prices
Abstract: Bus Rapid Transit (BRT) systems have become increasingly common in US cities. BRT stations provide a local amenity by improving transportation options for local residents, but may also represent a local nuisance due to noise or displacement of other road users. We estimate whether BRT is priced into local real estate by studying a […]
Read MoreEffects of alternative pricing structures on electricity consumption and payments in the commercial and industrial sector
Abstract: We investigate the distributional and welfare impacts when commercial and industrial (C&I) electricity end users face a dynamic pricing structure as opposed to a constant volumetric price with demand charge on individual users’ peak usage. While demand charge does not necessarily reduce the system-wide peak, it often constitutes a large share of C&I users’ […]
Read MoreHomeowner politics and housing supply
Abstract: This paper examines whether homeowner opposition to nearby housing development affects local councillors’ votes on housing bills. Homeowners benefit financially from restricted housing supply through increased housing prices. City councillors, who approve housing development applications, cater to the needs of homeowners who are often long-term resident voters with a financial stake in neighbourhood amenity […]
Read MoreThe intergenerational transmission of mental and physical health in the United Kingdom
Abstract: As health is increasingly recognized as a key component of human welfare, a new line of research on intergenerational mobility has emerged that focuses on broad measures of health. We extend this research to consider two key components of health: physical health and mental health. We use rich survey data from the United Kingdom linking the […]
Read MoreEmbedding local values in Payments for Ecosystem Services for transformative change
Abstract: The potential for Payments for Ecosystem Services (PES) programs to integrate nature’s diverse values into decision-making, and thereby support broader transformative change, is of increasing research interest. We analyze published reviews and case studies of PES from the IPBES Values Assessment to evaluate 1) how diverse values were (or were not) articulated through PES […]
Read MoreThe impact of recreational marijuana dispensaries on crime: evidence from a lottery experiment
Abstract: Many North American jurisdictions have legalized the operation of recreational marijuana dispensaries. A common concern is that dispensaries may contribute to local crime. Identifying the effect of dispensaries on crime is confounded by the spatial endogeneity of dispensary locations. Washington State allocated dispensary licenses through a lottery, providing a natural experiment to estimate the […]
Read MoreSea level rise risk interactions with coastal property values: a case study of O‘ahu, Hawai‘i
Abstract: Climate change-induced sea level rise (SLR) will affect a range of coastal assets and prompt difficult decisions about coastal land use across the world. Several recent studies find that current and projected SLR is associated with relatively lower property values. We contribute to this growing body of research with a case study of O‘ahu, […]
Read MoreToward more equitable ecosystem investment programs—Adaptation and equity are central to the design and functioning of successful water funds
Abstract: Projects designed to incentivize ecosystem management for societal benefits are becoming increasingly popular and are often touted as win–win solutions for social and environmental challenges. Yet, there are important concerns about the equity and justice implications of these programs, and there is strong evidence that a lack of attention to justice can exacerbate or […]
Read MoreSolving Optimal Groundwater Problems with Excel
Abstract: Welfare maximizing management of coastal groundwater requires a sequence of pumping targets, typically terminating with a constant withdrawal rate in the long run. In contrast, managing according to sustainable yield at best identifies the constant rate of pumping in the long run. We illustrate an accessible solution method, using Excel Solver to find the […]
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