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| Gum, Russell L.; Martin, William E.. |
| A simulation model containing both economic (monetary) and socio-environmental (value index) components is developed in a case study of predator control alternatives. Particular emphasis is given to the description and justification of the socio-economic model. The economic model is estimated in terms of producers and consumers surpluses. The empirical tradeoff function developed suggests that alternatives to recent predator control programs exist that could be better for both general public and producer interests. The general approach can serve as a prototype for policy evaluations involving multiple objectives. |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1979 |
URL: http://purl.umn.edu/32435 |
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| Martin, William E.. |
| As the Central Arizona project is being completed and contracts are being negotiated, economic analysis continues to show that neither agriculture nor municipalities would benefit from the project if repayment actually is required according to previously suggested schedules. Earlier analyses were either ignored or condemned as farmers were willing to play a water development game in the face of uncertain future repayment requirements. The game of playing for subsidized water continues even as the buyers now face real costs rather than just some future possibility of incurring costs. Recent analysis is being used to help negotiate favorable delivery and repayment contracts. Experience has shown that once the physical development is in place, costs are... |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1988 |
URL: http://purl.umn.edu/32164 |
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| Martin, William E.; Tinney, J. Craig; Gum, Russell L.. |
| Comparable empirical estimates of the market and nonmarket values of range cattle production and hunting activity on the same land are developed in the welfare economic framework of consumers surplus, producers surplus, and the corresponding Hicksian consumer welfare measures. The values are compared to illustrate possible trade-offs that would occur under potential conflict among users of the land resource. The welfare distribution issue is examined both in terms of aggregate and individual compensation that could occur between the alternative users. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1978 |
URL: http://purl.umn.edu/32554 |
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