The 1999 Special Issue of The Energy Journal presents several articles that conclude the costs of the Kyoto Protocol would be very high for the U.S. if all the adjustments were domestic. However, a few studies conclude that the Kyoto target is achievable at a negligible cost and perhaps with a...

The travel-cost of estimating a recreation demand function requires specifying the functional form of the first-stage demand curve and defining the width of the concentric origin zones. A Monte Carlo approach is used to determine the sensitivity of demand and valuation estimates to alternative...