Geologic estimates of remaining global petroleum resources place about 50% in the Persian Gulf. Production costs are estimated at $5 per barrel there and $15 per barrel in the North Sea and Alaska. According to mathematical results derived from depletion theory, the present value of economic...

This paper appraises current economic methodologies used in analyzing the social rate of time preference and discounting, abatement costs, and value of life estimates as they relate to climate change. It makes a case for choosing an appropriate rate of time preference when assessing climate...

In Ethiopia, as in many other African countries, there is a pressing need to improve household food security. An emerging consensus suggests that this is most easily accomplished through two development strategies with two complementary dimensions: investments that facilitate income generation...