|
|
|
| Registros recuperados: 14 | |
|
| |
|
|
| Woodward, Richard T.. |
| This paper presents an economic model of sustainability defined as intergenerational fairness. Assuming that intergenerational fairness is an obligation of each generation, a recursive optimization problem is obtained. The problem has the advantage that uncertainty can readily be incorporated in the model and it can be solved numerically for a wide range of specifications. The possibility of tradeoffs between efficiency and sustainability are discussed. Under plausible conditions, it is show that a sustainability obligation is met only if there is the expectations of economic growth. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness. |
| Ano: 1999 |
URL: http://purl.umn.edu/24014 |
| |
|
| |
|
|
| Wui, Yong-Suhk; Woodward, Richard T.; Griffin, Wade L.. |
| This paper examines the ability of two new policies to reduce bycatch of red snapper by the shrimp fishery in the Gulf of Mexico: Fractional License and Fractional Gear Programs, as proposed by Townsend, reduce bycatch by reducing the effort levels of shrimp vessels. The policies are evaluated both theoretically and using a simulation model, and they are compared with the current regulatory policy requiring shrimp vessels to use bycatch reduction devices to rebuild red snapper stocks. We find that either a FL program or a FG program could reduce effort and the related problem of bycatch resulting in improving red snapper stocks, while at the same time increasing economic welfare in the fishery. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2004 |
URL: http://purl.umn.edu/20063 |
| |
|
| |
|
| |
|
| |
|
|
| Gillig, Dhazn; Woodward, Richard T.; Ozuna, Teofilo, Jr.; Griffin, Wade L.. |
| This study extends the joint estimation of revealed and stated preference data literature by accounting for truncation in the revealed preference data. The analytical model and estimation procedure are used to estimate the value of recreational red snapper fishing in the Gulf of Mexico. This recreational red snapper valuation is decomposed into its direct and indirect components. As expected, the value of recreational red snapper fishing using the joint revealed-stated preference model proposed in this analysis is bracketed on the upper limit by the value obtained using the contingent valuation method and on the lower limit by the travel cost method. The results also indicate that the joint model improves the precision of estimated recreational red snapper... |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/31620 |
| |
|
| |
|
| |
|
|
| Woodward, Richard T.. |
| Legal issues in environmental policy are considered, as well as property rights and voluntary regulations. Taxation, Fines, and Producer Liability Rules: Efficiency and Market Structure Implications Stephen Hamilton, Kansas State University. Regulatory Takings and the Diminution of Value: A Search for Empirical Evidence Marie Truesdell and John Bergstrom, University of Georgia. Environmental and Natural Resource Policy and the Optimal Dispersion of Property Rights Shi-Ling Hsu and Marca Weinberg. The Relative Efficiency of Voluntary vs. Mandatory Environmental Regulations JunJie Wu, Oregon State University; Bruce Babcock, Iowa State University. Electricity Deregulation: What's in Store for the Environment? Alan Levy, Mario Teisl, Brian Roe, Matthew... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 1998 |
URL: http://purl.umn.edu/20961 |
| |
|
|
| Woodward, Richard T.. |
| In the standard economic model of cap and trade policies, the regulator is assumed to place zero value on pollution reductions below the cap. This paper considers an alternative case, where the policy makers can manipulate the rules of the program to achieve improved environmental performance. This is achieved by manipulating the trading ratio, the units of pollution credits that are obtained for each unit of pollution reduction. Using a parsimonious model of a transferable discharge permits program, we identify the environmentally optimal trading ratio that maximizes the environmental gains of trading. The model suggests an alternative explanation why non-unitary trading ratios are common and is a counterpoint to the cost-minimizing model that... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2001 |
URL: http://purl.umn.edu/20491 |
| |
| Registros recuperados: 14 | |
|
|
|
