@article{smith_carbone_pope_hallstrom_darden_2006, title={Adjusting to natural disasters}, volume={33}, ISSN={["0895-5646"]}, DOI={10.1007/s11166-006-0170-0}, number={1-2}, journal={JOURNAL OF RISK AND UNCERTAINTY}, author={Smith, V. Kerry and Carbone, Jared C. and Pope, Jaren C. and Hallstrom, Daniel G. and Darden, Michael E.}, year={2006}, month={Sep}, pages={37–54} } @article{carbone_hallstrom_smith_2006, title={Can natural experiments measure behavioral responses to environmental risks?}, volume={33}, ISSN={["1573-1502"]}, DOI={10.1007/s10640-005-3610-4}, number={3}, journal={ENVIRONMENTAL & RESOURCE ECONOMICS}, author={Carbone, JC and Hallstrom, DG and Smith, VK}, year={2006}, month={Mar}, pages={273–297} } @article{hallstrom_smith_2005, title={Market responses to hurricanes}, volume={50}, ISSN={["1096-0449"]}, DOI={10.1016/j.jeem.2005.05.002}, abstractNote={This paper uses one of the strongest hurricanes to hit the US, Andrew in 1992, to define a quasi-random experiment that permits estimation of the responses of housing values to information about new hurricanes. Lee County, Florida did not experience damage from Andrew. The storm was a “near-miss.” We hypothesize that Andrew conveyed risk information to homeowners in the county. A difference-in-differences (DND) framework identifies the effect of this information on property values in areas likely to experience significant storm damage. The DND findings indicate at least a 19 percent decline in property values.}, number={3}, journal={JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT}, author={Hallstrom, DG and Smith, VK}, year={2005}, month={Nov}, pages={541–561} } @article{renkow_hallstrom_karanja_2004, title={Rural infrastructure, transactions costs and market participation in Kenya}, volume={73}, ISSN={["0304-3878"]}, DOI={10.1016/j.jdeveco.2003.02.003}, abstractNote={We develop a conceptual framework for quantifying fixed transactions costs facing semisubsistence households. Using household survey data from a sample of 324 Kenyan maize farmers, we jointly estimate household supply and demand schedules and transactions costs. Econometric results indicate that on average the ad valorem tax equivalent of fixed transactions costs for households in our sample is 15%. Additional analysis indicates that economic isolation is positively associated with the size of transactions costs. To the best of our knowledge, ours are the first empirical estimates of the magnitude of fixed transactions costs for agricultural households in developing countries.}, number={1}, journal={JOURNAL OF DEVELOPMENT ECONOMICS}, author={Renkow, M and Hallstrom, DG and Karanja, DD}, year={2004}, month={Feb}, pages={349–367} }