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Registros recuperados: 18
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Renewable Liquid Fuels: Current Situation and Prospects AgEcon
Eidman, Vernon R..
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy; Q3.
Ano: 2006 URL: http://purl.umn.edu/94427
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Read This Paper Even Later: Procrastination with Time-Inconsistent Preferences AgEcon
Fischer, Carolyn.
Salience costs, along with imperfect foresight, have been used in previous studies to explain procrastination of a one-time task. A companion to this paper, "Read This Paper Later: Procrastination with Time-Consistent Preferences" analyzes the extent to which procrastination of a divisible task is compatible with rational behavior. While the fully rational model explains key qualitative observations, it requires an extremely high rate of time preference or elasticity of intertemporal substitution to generate serious procrastination and cannot explain undesired procrastination at all. This paper investigates the extent to which dynamically inconsistent preferences can better explain such impatience and address the issue of self-control failures. Two types...
Tipo: Working or Discussion Paper Palavras-chave: Procrastination; Natural resource economics; Hyperbolic discounting; Differential discounting; Institutional and Behavioral Economics; Q3; D9; J22; J31.
Ano: 1999 URL: http://purl.umn.edu/10725
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Renewable Energy in Agriculture: Back to the Future? AgEcon
Fischer, James R.; Finnell, Janine A.; Lavoie, Brian D..
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy; Q3.
Ano: 2006 URL: http://purl.umn.edu/94430
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The Precautionary Principle Revisited: Its Interpretations and their Conservation Consequences AgEcon
Tisdell, Clement A..
The precautionary principle was included in 1992 in the Rio Declaration on Environmental and Development and is a part of important international agreements and documents, for example, the Convention on Biological Diversity. Yet the interpretation of this principle is not straightforward as a guide for environmental policy – a variety of interpretations are possible. This paper identifies and examines various economic versions of the principle. Furthermore, it shows that different economic versions of the principle can give rise to conflicting policy recommendations for resource conservation. In addition, it demonstrates that applications of the principle do not always favour (natural) resource conservation (for example, biodiversity conservation) although...
Tipo: Working or Discussion Paper Palavras-chave: Biodiversity; Conservation; Climate change; Flexibility; Learning; Precautionary principle; Uncertainty; Environmental Economics and Policy; Q2; Q28; Q3; H43.
Ano: 2009 URL: http://purl.umn.edu/55339
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Medida de la compensación del daño ambiental en la Directiva de Responsabilidad Ambiental: lecciones aprendidas del caso Aznalcóllar-Doñana AgEcon
Martin-Ortega, Julia; Brouwer, Roy; Aiking, Harry.
El daño ambiental producido por el vertido tóxico de 1998 en las inmediaciones del Parque de Doñana es analizado bajo la óptica de la nueva Directiva de Responsabilidad Ambiental (DRA), que obliga al operador de la actividad contaminadora a compensar por las pérdidas provisionales. El objetivo es analizar el papel de la valoración económica en la medida de la compensación en el marco de la DRA y extraer algunas lecciones para futuras aplicaciones. Los resultados apuntan a que los servicios proporcionados por el Corredor Verde realizado tras el accidente no han compensado el daño. Se pone de manifiesto la necesidad de profundizar en el análisis de valores de no uso, el control de las respuestas protesta y el planteamiento de escenarios de valoración...
Tipo: Journal Article Palavras-chave: Directiva de Responsabilidad Ambiental; Compensación del daño; Valoración contingente; Aznalcóllar-Doñana; Agribusiness; Q3; Q5..
Ano: 2010 URL: http://purl.umn.edu/94330
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Monopoly Extraction of an Exhaustible Resource with Two Markets AgEcon
Fischer, Carolyn; Laxminarayan, Ramanan.
Although much has been written about the implications of monopoly power for the rate of extraction of natural resources, the specific case in which the resource can be sold in two markets with different elasticities of demand has escaped notice. We find that a monopolist facing two markets with differing iso-elastic demand schedules extracts more rapidly than the social planner, whether or not arbitrage prevents price discrimination between markets. This analysis is relevant in the case of many resources -such as natural gas used for power generation and household heating, or petroleum used for making plastics and as fuel.
Tipo: Working or Discussion Paper Palavras-chave: Exhaustible resources; Monopoly; Markets; Price discrimination; Environmental Economics and Policy; D42; Q3.
Ano: 2004 URL: http://purl.umn.edu/10704
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Bioproducts: Developing a Federal Strategy for Success AgEcon
Conway, Roger K.; Duncan, Marvin R..
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy; Q3.
Ano: 2006 URL: http://purl.umn.edu/94431
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Economics of Antibiotic Resistance: A Theory of Optimal Use AgEcon
Laxminarayan, Ramanan; Brown, Gardner M., Jr..
In recent years bacteria have become increasingly resistant to antibiotics, leading to a decline in the effectiveness of antibiotics in treating infectious disease. This paper uses a framework based on an epidemiological model of infection in which antibiotic effectiveness is treated as a nonrenewable resource. In the model presented, bacterial resistance (the converse of effectiveness) develops as a result of selective pressure on nonresistant strains due to antibiotic use. When two antibiotics are available, the optimal proportion and timing of their use depends precisely on the difference between the rates at which bacterial resistance to each antibiotic evolves and on the differences in their pharmaceutical costs. Standard numerical techniques are used...
Tipo: Working or Discussion Paper Palavras-chave: Antibiotics; Disease; Externality; Livestock Production/Industries; Q3; I1.
Ano: 2000 URL: http://purl.umn.edu/10619
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Overview: Developing New Energy Sources from Agriculture AgEcon
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy; Q3.
Ano: 2006 URL: http://purl.umn.edu/94425
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ENVIRONMENTAL POLICY ANALYSIS AND INSTRUMENTS FOR BIODIVERSITY CONSERVATION: A REVIEW OF RECENT ECONOMIC LITERATURE AgEcon
Bhattarai, Madhusudan; Hammig, Michael D..
This paper provides a synthesis of recent literature dealing with the institutional environment, policy framework, and economic instruments used in policy analysis related to the conservation and sustainable use of biodiversity resources. The paper analyzes the economic consequences of alternative policy options and summarizes the application of these economic issues in the formulation of biodiversity protection policy. The paper also concludes that the proper understanding of underlying institutions and, if needed, institutional reforming procedures are also required to provide appropriate incentive structures for conservation and sustainable use of biodiversity resources. Illustrations of these principles and examples are taken from published accounts...
Tipo: Working or Discussion Paper Palavras-chave: Biodiversity; Conservation; Resource management; Environmental Economics and Policy; Q2; Q3.
Ano: 1998 URL: http://purl.umn.edu/18810
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Once-and-for-All Costs and Exhaustible Resource Markets AgEcon
Fischer, Carolyn.
This paper analyzes the impact on exhaustible resource markets of setup or shut-down costs, a sparsely analyzed category of nonconvex production technologies. This paper proves that, even under idealized circumstances for competition, a competitive equilibrium will fail to exist in the presence of setup costs, for any utility and cost functions such that a planner would exploit exhaustible resource pools sequentially.
Tipo: Working or Discussion Paper Palavras-chave: Natural resources; Setup costs; Shutdown costs; Nonconvexities; Competitive equilibrium; Resource /Energy Economics and Policy; Q3; C62.
Ano: 1998 URL: http://purl.umn.edu/10623
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Energy Production with Biomass: What Are the Prospects? AgEcon
Gallagher, Paul W..
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy; Q3.
Ano: 2006 URL: http://purl.umn.edu/94429
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Evolution of Renewable Energy Policy AgEcon
Duffield, James A.; Collins, Keith J..
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy; Q3.
Ano: 2006 URL: http://purl.umn.edu/94426
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Tradable Carbon Permit Auctions: How and Why to Auction Not Grandfather AgEcon
Cramton, Peter; Kerr, Suzi.
An auction of carbon permits is the best way to achieve carbon caps set by international negotiation to limit global climate change. To minimize administrative costs, permits would be required at the level of oil refineries, natural gas pipe lines, liquid sellers, and coal processing plants. To maximize liquidity in secondary markets, permits would be fully tradable and bankable. The government would conduct quarterly auctions. A standard ascending-clock auction in which price is gradually raised until there is no excess demand would provide reliable price discovery. An auction is preferred to grandfathering (giving polluters permits in proportion to past pollution), because it allows reduced tax distortions, provides more flexibility in distribution of...
Tipo: Working or Discussion Paper Palavras-chave: Greenhouse; Climate change; Carbon trading; Auction; Ascending-clock; Tradable permits; Environmental Economics and Policy; Q3; D4.
Ano: 1998 URL: http://purl.umn.edu/10668
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Read This Paper Later: Procrastination with Time-Consistent Preferences AgEcon
Fischer, Carolyn.
A model of time-consistent procrastination is developed to assess the extent to which the observed behavior is compatible with rational behavior. When a finite work requirement must be completed by a deadline, the remaining time for leisure is an exhaustible resource. With a positive rate of time preference, the optimal allocation of this resource results in more hours spent working (and fewer in leisure) the closer the deadline. Key qualitative findings of psychological studies of academic procrastination are consistent with the standard natural resource management principles implied by the model, when suitably adapted to task aversiveness, uncertainty, and multiple deadlines. However, quantitatively, the fully rational model requires an extremely high...
Tipo: Working or Discussion Paper Palavras-chave: Procrastination; Natural resource economics; Resource /Energy Economics and Policy; Q3; D9; J22; D81.
Ano: 1999 URL: http://purl.umn.edu/10590
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Climate Change and Agriculture: Economic Impacts AgEcon
Antle, John M..
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy; Q1; Q2; Q3; Q4.
Ano: 2008 URL: http://purl.umn.edu/94495
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Resource Abundance, Poverty and Development AgEcon
Bulte, Erwin H.; Damania, Richard; Deacon, Robert T..
The negative correlation between resource endowments and GDP growth remains one of the most robust findings in the empirical growth literature, and has been coined the “resource curse hypothesis”. The policy consequences of this result are potentially far reaching. If natural resources are an inescapable curse, this may imply that countries richly endowed with natural resources can only develop by turning their backs on their comparative advantage and diversifying into other non-resource based activities. This paper analyzes whether the negative statistical relationship between natural resource abundance and economic growth spills over to other important economic and social indicators. The impact of resource wealth on several proxies of economic...
Tipo: Working or Discussion Paper Palavras-chave: Resource abundance; Economic growth; Developing countries; Cross-country analysis.; Food Security and Poverty; Q2; Q3; O13; O47; O57.
Ano: 2004 URL: http://purl.umn.edu/23803
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Measuring Ecosystem Service Benefits: The Use of Landscape Analysis to Evaluate Environmental Trades and Compensation AgEcon
Boyd, James; Wainger, Lisa.
Ecosystem compensation and exchange programs require benefit analysis in order to guarantee that compensation or trades preserve the social benefits lost when ecosystems are destroyed or degraded. This study derives, applies, and critiques a set of ecosystem benefit indicators (EBIs). Organized around the concept of ecosystem services and basic valuation principles we show how GIS mappings of the physical and social landscape can improve understanding of the ecosystem benefits arising from specific ecosystems. The indicator system focuses on landscape factors that limit or enhance an ecosystem's ability to provide services and that limit or enhance the expected value of those services. The analysis yields an organized, descriptive, and numerical depiction...
Tipo: Working or Discussion Paper Palavras-chave: Ecosystem valuation; Wetlands; Spatial analysis; Landscape analysis; Environmental Economics and Policy; Q0; Q3.
Ano: 2003 URL: http://purl.umn.edu/10738
Registros recuperados: 18
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