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This study uses a computable general equilibrium model to examine the impacts of transferring water from agriculture to recreational use in rural Nevada. Model results show that different assumptions about input substitution in agricultural production produce qualitatively different policy...
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In this article, a numerical stochastic dynamic programming model (SDP) is developed to characterize the decision problem of a rancher operating on rangelands in northern Nevada that are affected by invasive annual grasses and wildfire. The model incorporates decisions about herd size management...
Persistent link: https://www.econbiz.de/10005012692
Technical efficiency of rural water utilities is determined using frontier production functions. An indirect production function is developed to model the two-step production process of a local government-controlled firm. Data from 26 rural Nevada water utilities are used to estimate...
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