Neoclassical elementary consumer demand theory is about individuals choosing utility maximizing continuously variable quantities of goods given prices and “fixed” income.
Read: Vernon Smith: Classical Economics Lost and Found
There are confirmed cases of Coronavirus in the U.S. and a chartered flight evacuated Americans from China through the Anchorage airport before arriving in California. But how big should this concern be compared to annual influenza infections?
Read: Kevin Berry Talks Coronavirus on Alaska Public…
Since 1982, the Alaska Permanent Fund, a state-owned investment fund established using oil revenues, has paid out an annual dividend to every man, woman, and child living in Alaska, no strings attached.
Read: ISER Researchers on PFD and Birth Rate
Kevin Berry, an assistant professor of economics with University of Alaska Anchorage’s Institute of Social and Economic Research, focuses on research on how people respond to environmental risk.
Read: Kevin Berry Talks Coronavirus on KTUU
Extractive industries are often challenged by nearby communities due to their environmental and social impacts. If proximity to resource extraction sites represents a disamenity to households, the opening of new mines should lead to a decrease in housing prices.
Read: Nathaly Rivera: Is Mining an Environmental…