The effectiveness of SO{sub 2} emission allowance trading under Title 4 of the 1990 Amendments to the Clean Air Act (CAA) is of great interest due to the innovative nature of this market incentive approach. However, it may be a mistake to frame the compliance problem for a utility as a decision...

This paper focuses on how electric utility companies can respond in their decision making to uncertain variables. Here we take a mean- variance type of approach. The mean'' value is an expected cost, on a discounted value basis. We assume that management has risk preferences incorporating a...

The paper provides an economist's perspective on recent conflicts over the use of water in Thailand. This paper surveys a number of the important water resource issues such as the allocation of surface and groudwater within and between river basins; and water quality and the discharge of effluents.

The paper provides an economist's perspective on recent conflicts over the use of water in Thailand. This paper surveys a number of the important water resource issues such as the allocation of surface and groudwater within and between river basins; and water quality and the discharge of effluents.