Question

1. (10 points) Drawing on your recollection of the Loomis and Haefele (2017) read- ing, fill in the blanks in the following key paragraph from that paper: Much of the controversy over hydraulic fracturing is not about whether there are net benefits to society, but rather how the benefits and costs are—(i)—. Given the perceived costs to those adversely affected by hy- draulic fracturing, it is not—(ii)—that they would seek bans, especially in suburban areas where jobs in occupations unrelated to oil and gas are plentiful and pay reasonably well. For those suburban residents living near hydraulically fractured wells the costs may outweigh the—(iii)—[...]. (circle only one response) (A) i: distributed ii: irrational iii: benefits (B) i: taxed ii: efficient iii: aesthetics (C) i: integrated ii: irrational iii: prospects (D) i: distributed ii: participatory iii: benefits (E) i: advertised ii: inefficient iii: interest (F) None of the above

          1.
(10 points) Drawing on your recollection of the Loomis and Haefele (2017) read-
ing, fill in the blanks in the following key paragraph from that paper:
Much of the controversy over hydraulic fracturing is not about whether
there are net benefits to society, but rather how the benefits and costs
are—(i)—. Given the perceived costs to those adversely affected by hy-
draulic fracturing, it is not—(ii)—that they would seek bans, especially
in suburban areas where jobs in occupations unrelated to oil and gas are
plentiful and pay reasonably well. For those suburban residents living near
hydraulically fractured wells the costs may outweigh the—(iii)—[...].
(circle only one response)
(A) i: distributed ii: irrational iii: benefits
(B) i: taxed ii: efficient iii: aesthetics
(C) i: integrated ii: irrational iii: prospects
(D) i: distributed ii: participatory iii: benefits
(E) i: advertised ii: inefficient iii: interest
(F) None of the above

$1. (10 points) Drawing on your recollection of the Loomis and Haefele (2017) read- ing, fill in the blanks in the following key paragraph from that paper: Much of the controversy over hydraulic fracturing is not about whether there are net benefits to society, but rather how the benefits and costs are—(i)—. Given the perceived costs to those adversely affected by hy- draulic fracturing, it is not—(ii)—that they would seek bans, especially in suburban areas where jobs in occupations unrelated to oil and gas are plentiful and pay reasonably well. For those suburban residents living near hydraulically fractured wells the costs may outweigh the—(iii)—[...]. (circle only one response) (A) i: distributed ii: irrational iii: benefits (B) i: taxed ii: efficient iii: aesthetics (C) i: integrated ii: irrational iii: prospects (D) i: distributed ii: participatory iii: benefits (E) i: advertised ii: inefficient iii: interest (F) None of the above$

Added by Jesse M.

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