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| Dixon, Bruce L.; Segerson, Kathleen. |
| Approximate profit functions are estimated using time-series, cross-sectional, county level data for 12 midwest states. Measures of climate variability are included in the profit functions. Simulated impacts of climate changes on profits are derived. Results show that inclusion of measures of climate variation are important for measuring the impact of changes in mean temperature and precipitation levels. Failure to account for the impact of differences in variability leads to an overestimate of damages. If global warming increases diurnal variation, such increases would have negative impacts on the profitability of midwest agriculture. |
| Tipo: Journal Article |
Palavras-chave: Climate change; Climate variability; Midwest; Profit function; Farm Management. |
| Ano: 1999 |
URL: http://purl.umn.edu/15160 |
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| Opaluch, James J.; Segerson, Kathleen. |
| The neoclassical paradigm has proven to be a rich approach for evaluating a variety of issues for individual and social decision-making. However, an increasing body of literature suggests that actual behavior systematically violates the neoclassical utility model. This paper reviews a number of alternative models for decision-making. Results from the literature show several examples of apparently "irrational" behavior that can be explained in terms of these alternative motivations. The paper also extends the received literature by examining in some detail the implications of one such model which is based on the psychological feeling of ambivalence. The paper demonstrates that ambivalence has the potential for explaining the appearance of intransitive... |
| Tipo: Journal Article |
Palavras-chave: Institutional and Behavioral Economics. |
| Ano: 1989 |
URL: http://purl.umn.edu/28875 |
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| Segerson, Kathleen; Opaluch, James J.. |
| Control of nonpoint sources of pollution has traditionally been within the domain of local decision makers in recognition of the critical importance of site-specific issues. More recently attention has turned to the issue of what can and should be done at the regional or national level, while recognizing the importance of site-specific attributes. This paper describes and illustrates an approach for analysis of nonpoint pollution problems that focuses jointly at the aggregate and disaggregate levels of the problem. The approach is based on linking two tools of analysis, the microparameter distribution model and the Geographical Information Systems (GIS). Although there are significant challenges to be overcome in implementing such an approach, linkage... |
| Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 1991 |
URL: http://purl.umn.edu/28818 |
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