With the onset of the new millennium, the longstanding need for reform of the United Nations system has gained new momentum. Efficiency gains and better coordination are desirable, though not sufficient to bring about improvement in international relations. It could therefore make sense to look...

Insurance rates for crop yield protection programs have traditionally been calcu lated from county average yie lds. Where grower acreages and yields are not homogeneous, this approach leads to higher premiums and payouts and greater incidence of adverse selection . With individual grower data a...

Global climate change from increases in atmospheric carbon dioxide and other trace gases is an issue of international concern. Adverse climate conditions are expected to reduce crop yields and alter the demand for and supply of water. These potential adjustments imply economic costs to...

This paper describes and assesses a policy to slow the increase of carbon dioxide (CO2) emissions in the atmosphere. Policy governing new CO₂ sources would either prevent emissions, procure compensating emissions reductions, or sequester emissions in sinks. The paper uses electric power plants...