Using data from a large, multi-country survey, this paper investigates the determinants of preferences for a completely green residential electricity system. Three important questions are addressed: (i) how much are households willing to pay to use only renewable energy? (ii) does...

When the agent making an investment decision is different from the one bearing the costs of the usage decision, the outcome (energy usage, in this case) is socially sub-optimal, a scenario known in the energy efficient technology case as “split incentive” effect. Using a sample of...

Discrete-time stochastic models of groundwater management have been extensively used for understanding a variety of issues in groundwater management for agriculture. Most models used suffer from two drawbacks: relatively simplistic treatment of extraction cost (remarked in many papers in the...