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| Ohler, Adrienne; Chouinard, Hayley H.; Yoder, Jonathan K.. |
| The Four Rivers lottery run by the National Forest Service distributes the opportunity to raft four sections of rivers in Idaho through a non-transferable lottery. The restriction of trade and focus on equity in distribution creates a deadweight loss in total surplus compared with a market or auction system. If the NFS allowed the transferring of permits, then there exists a potential for rafters to gain surplus in trade. However, non-rafters have an incentive to enter the transferable lottery to make a profit from trade. Using the NFS lottery as a guide, this paper examines welfare under the two lottery system to understand how changes in transferability affect the welfare of users and non-users, and the revenues of the government. Since variables, such... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/7363 |
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| Ohler, Adrienne. |
| Renewable Portfolio Standard (RPS) programs have experienced increased popularity at the state level with twenty-three states adopting policies. Policy makers implement these programs in the hopes of stimulating renewable energy generation and lessening the states reliance on nonrenewable sources, by requiring utility companies to provide a specified amount of electricity from renewable sources. I examine the use of renewable energy sources caused by the implementation of these programs, and determine how these renewable source markets interact in an RPS setting. Analysis performed on RPS programs indicates an increase in wind energy generation, suggesting that RPS programs are an effective method to increasing generation and reliance on wind energy.... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2007 |
URL: http://purl.umn.edu/9869 |
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