Similar Search Results

Technology uncertainty and learning by doing in the cellulosic biofuel investment

Ye, Fanglin; Paulson, Nicholas; Khanna, Madhu - Agricultural and Applied Economics Association - AAEA - 2014

This study investigates the impacts of technology uncertainties and learning curve on investment decisions in the cellulosic biofuel industry. We find the future success of cellulosic biofuel may depend on the learning by doing effects rather than expected advances in conversion technology. The...

Persistent link: https://www.econbiz.de/10011068865

When to Quit Under Uncertainty? A real options approach to smoking cessation

Chen, Yu-Fu; Petrie, Dennis - Agricultural and Applied Economics Association - AAEA - 2012

This paper models the decision to quit smoking like an investment decision where the quitter incurs a sunk withdrawal cost today and forgoes their consumer surplus from cigarettes (invests) and hopes to reap an uncertain reward of better health and therefore higher utility in the future...

Persistent link: https://www.econbiz.de/10010878988

When to Quit Under Uncertainty? A real options approach to smoking cessation

Chen, Yu-Fu; Petrie, Dennis - Agricultural and Applied Economics Association - AAEA - 2012

Persistent link: https://www.econbiz.de/10010879001

Permanence of Carbon Sequestered in Forests under Uncertainty

Kim, C.S.; Lewandrowski, Jan; Sands, Ronald D.; … - Agricultural and Applied Economics Association - AAEA - 2011

In this paper we examine the issue of permanence in the context of sequestering carbon through afforestation. We develop a dynamic nested optimal control model of carbon sequestration associated with the decision to afforest a tract of land given there are uncertainties associated with fire and...

Persistent link: https://www.econbiz.de/10009020952

Carbon Leakage with Forestation Policies

de Gorter, Harry; Drabik, Dusan; Just, David R. - Agricultural and Applied Economics Association - AAEA - 2011

between forestry and agriculture; (5) share of total forest area set aside under RED; and (6) relative carbon sequestration …

Persistent link: https://www.econbiz.de/10009020983

Spatio-Temporal Modeling of Wildfire Risks in the U.S. Forest Sector

Chen, Xuan; Goodwin, Barry K. - Agricultural and Applied Economics Association - AAEA - 2011

In the US forestry industry, wildfire has always been one of the leading causes of damage. This topic is of growing … possibility to develop a forestry production insurance scheme accounting for wildfire risks has not yet been investigated. The … ratio at county level. In addition, the national forestry inventory and analysis (FIA) database, Regional Economic …

Persistent link: https://www.econbiz.de/10009021468

Two-Part Tax Controls for Forest Density and Rotation Time

Brown, J. Bradley - Agricultural and Applied Economics Association - AAEA - 2005

Many forest amenities are derived not only from the age of the trees, but also from the density of the trees. When an externality such as erosion control is considered, clear-cutting results in much larger damages than occur with selective cutting. This paper extends current methodology,...

Persistent link: https://www.econbiz.de/10005039130

Do baseline requirements hinder trades in water quality trading programs?

Ribaudo, Marc; Ghosh, Gaurav S.; Shortle, James S. - Agricultural and Applied Economics Association - AAEA - 2009

The Environmental Protection Agency and the U.S. Department of Agriculture are promoting point/nonpoint trading as a way of reducing the costs of meeting water quality goals while giving nonpoint sources a larger role in meeting those goals. Farms can create offsets or credits in a...

Persistent link: https://www.econbiz.de/10005000522

Effects of Private Insurance on Forest Landowners' Incentives to Sequester and Trade Carbon under Uncertainty: Impact of Hurricanes

Grover, Mansi; Bosch, Darrell J.; Preisley, Stephen P. - Agricultural and Applied Economics Association - AAEA - 2005

We evaluate incentives of forest landowners for sequestering and trading carbon, given the risk of carbon loss from hurricanes, and an opportunity to insure their losses. Results of simulation model reveal that the effect of hurricane risk depends on the variability of returns from carbon and...

Persistent link: https://www.econbiz.de/10005803316

Reallocating Agricultural Greenhouse Gas Emission in EU15 Countries

Serrao, Amilcar - Agricultural and Applied Economics Association - AAEA - 2010

This research work uses an alternative approach for modeling agricultural greenhouse gas emissions as an undesirable output, based on the zero sum gains DEA model (ZSG-DEA BCC model). This approach reallocates agricultural greenhouse gas emissions among EU15 countries. The reallocation analysis...

Persistent link: https://www.econbiz.de/10009020617