The interconnections of agriculture and energy markets have increased through the rise in the new biofuel agribusinesses and the oil–ethanol–corn linkages. The question is whether these linkages have a causal structure by which oil prices affect commodity prices and through these links,...

A3_2

In this article, intraseasonal fishing is modeled as a differential game between fishers in a total allowable catch (TAC)–regulated fishery with and without individual fishing quotas (IFQs). Heterogeneous harvest values are included by incorporating time-specific harvest costs and a...

This article characterizes anticipated changes in fleet structure, vessel harvesting activity, and economic performance in the Pacific Coast groundfish fishery under an individual fishing quota management program. Results suggest that the current fleet of 117 vessels will be reduced by roughly...

Researchers are seeking effective, low cost means of gathering high quality data. Technological advancements offer new avenues for achieving this objective. Web based surveys are relatively common outside the economics discipline however applied non-market valuation practitioners have been slow...

This paper describes the use of input-output modeling in estimating the economic impacts of the conservation reserve program (CRP) in North Dakota, discusses challenges faced in conducting the analysis, and examines lessons learned from the study. The study had two major phases: (1) a statewide...

Benefit transfer entails using estimates of non-market values derived at one site as approximations to benefits at other sites. The method finds favour because it can be applied quickly and cheaply, however the validity of benefit transfer is frequently questioned. Published studies generally...

The use of economic tools such as the benefit-cost analysis often requires determining non-market values of environmental goods. One of the appropriate measures to determine these values is the contingent valuation. As a stated preference technique it allows to measure non-use values as well as...

Stated preference approaches are widely used in non-market valuation. However, their potential uses extend far beyond valuation. In particular they can be used to assess efficiency of resource allocations and to design optimal resource allocations. Changes to the government budget were evaluated...

Stated preference analyses commonly impose strong and unrealistic assumptions in response to spatial welfare heterogeneity. These include spatial homogeneity or continuous distance decay. Despite their ubiquity in the valuation literature, global assumptions such as these have been increasingly...