Author Archives: Adam Bailey

Covid-19 and Household Size

Differences in national rates of Covid-19 infection may be partly due to differences in household sizes. While many questions about the Covid-19 virus are currently unanswered, one point on which there has been wide agreement is that transmission is more … Continue reading

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Urban Wildlife – An Exploration

In many cities around the world, there are wild animal species whose presence is enjoyed by some and a nuisance to others. Management of such species should be informed by economic analysis as well as ecological, ethical and animal welfare … Continue reading

Posted in Cities, Wildlife | Tagged , , , , , | 2 Comments

Mitigable Public Bads

The economic theory of public goods is sometimes assumed to be adaptable in a straightforward manner to public bads.  Here I consider some implications of the fact that such bads are usually mitigable. Consider a region around an airport, subjected … Continue reading

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The Marginal Value of Parks

Environmental valuation studies should be clearer as to whether the value they estimate is marginal value or something else.  The idea of a marginal quantity is one of the most-used in the economist’s toolkit.  In the theory of the firm, … Continue reading

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