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Registros recuperados: 26 | |
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Wheeler, Erin A.; Golden, Bill B.; Johnson, Jeffrey W.; Peterson, Jeffrey M.. |
Because of the decline of the Ogallala Aquifer, water districts, regional water managers, and state water officers are becoming increasingly interested in conservation policies. This study evaluates both short-term and long-term water rights buyout policies. This research develops dynamic production functions for the major crops in the Texas Panhandle. The production functions are incorporated into optimal temporal allocation models that project annual producer behavior, crop choices, water use, and aquifer declines over 60 years. Results suggest that long-term buyouts may be more economically efficient than short-term buyouts. |
Tipo: Journal Article |
Palavras-chave: Dynamic production function; Nonlinear optimization; Ogallala Aquifer; Water rights buyout; Agribusiness; Environmental Economics and Policy; Q30; Q32; Q38. |
Ano: 2008 |
URL: http://purl.umn.edu/46987 |
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Saak, Alexander E.; Peterson, Jeffrey M.. |
In this paper, we introduce a game theoretic model of groundwater extraction in a two-cell aquifer under incomplete information. A novel assumption is that individual users have incomplete knowledge of the speed of lateral flows in the aquifer: although a user is aware that his neighbor's water use has some influence on their future water stock, they are uncertain about the degree of this impact. We find that the lack of information may either increase or decrease the rate of water use and welfare. In a two-period framework, the relevant characteristic is the ratio of the periodic marginal benefits of water use. Depending on whether this ratio is convex or concave, the average speed with which the aquifer is depleted decreases or increases when users... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/21190 |
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Boisvert, Richard N.; Peterson, Jeffrey M.. |
A voluntary program is developed to achieve environmental goals through the self-interested choices of farmers under environmental risk and asymmetric information. Farmers behave to maximize expected net returns, and environmental quality standards are formulated through chance constraints. Because the government may not know each farmer's soil type, policy options must be self-selecting. The model is applied empirically to nitrate leaching and runoff from corn production in three New York regions. Asymmetric information between producers and the government would impose additional cost burdens on society, but these costs are modest in the context of other farm programs. |
Tipo: Journal Article |
Palavras-chave: Environmental Economics and Policy. |
Ano: 2001 |
URL: http://purl.umn.edu/31421 |
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Cader, Hanas A.; Marsh, Thomas L.; Peterson, Jeffrey M.. |
This study focuses on estimating the variations in per-capita water consumption and predicting the shares of consumption by pricing blocks in eight Kansas regions. Previous studies have considered household or micro-level consumption, but few have focused on aggregate level consumption across different regions. A probit model was used to estimate the consumption shares in individual blocks for each region. Per-capita water consumption varies significantly across the regions and as we move from Western to Eastern Kansas, shares of lower consumption block decrease and higher consumption block likely to increase. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/36241 |
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Ding, Ya; Peterson, Jeffrey M.. |
This research analyzes two groundwater conservation policies in the Kansas High Plains located within the Ogallala aquifer: 1) cost-share assistance to increase irrigation efficiency; and 2) incentive payments to convert irrigated crop production to dryland crop production. To compare the cost-effectiveness of these two policies, a dynamic model simulated a representative irrigator’s optimal technology choice, crop selection, and irrigation water use over time. The results suggest that the overall water-saving effectiveness can be improved when different policy tools are considered under different conditions. High prevailing crop prices greatly reduce irrigators’ incentive to give up irrigation and therefore cause low enrollment and ineffectiveness of the... |
Tipo: Article |
Palavras-chave: Cost-share program; Incentive payments; Ogallala aquifer; Dynamic optimization; Groundwater conservation; Environmental Economics and Policy; Q30; Q32; Q38. |
Ano: 2012 |
URL: http://purl.umn.edu/123781 |
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Peterson, Jeffrey M.; Boisvert, Richard N.. |
A model of a voluntary "green" payment program is developed to control nitrate leaching and runoff from corn production in New York. The program achieves environmental goals through self-interested choices of farmers, grouped by the productive and environmental characteristics of soils. It considers randomness in prict}~, production, and environmental damage. Farmers are assumed to maximize expected utility subject to chance constraints on severe levels of nitrate contamination. This program compensates farmers for applying environmentally safe levels of nitrogen fertilizer. If information is symmetric, program participation conditions require that the post-policy expected utility is at least as large as pre-policy expected utility. Under asymmetric... |
Tipo: Working Paper |
Palavras-chave: Environmental Economics and Policy; Risk and Uncertainty. |
Ano: 1998 |
URL: http://purl.umn.edu/122687 |
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Gelso, Brett R.; Peterson, Jeffrey M.. |
Recent literature has combined Revealed (RP) and Stated Preference (SP) data in the Multinomial Logit Model (MNL) to estimate the value of environmental goods. However, emerging research has identified that a limitation of the MNL is the assumption of Independently and Identically Distributed (IID) errors, resulting in inaccurate model predictions and inconsistent utility parameters. Our analysis applies an alternative method to combine RP and SP data that takes into account the heterogeneity in both the observable and unobservable components of utility. This allows us to test whether such heterogeneity has an important effect on predicting behavioral choices. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Revealed and Stated Preference Data; Scale Factor; Environmental Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/34746 |
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Registros recuperados: 26 | |
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