Drawing on the method developed by Just and Pope (1978, 1979), this paper separately analyzes the marginal contributions of both regular input factors and climate factors to mean output and to production risk in Chinese inland aquaculture. Furthermore, the net change in output following a 1°C...

We used the well-being evaluation method, a technique for measuring individual utility, to study how people in the wildland urban interface of Colorado (USA) felt about their lives before and after two wildfire scenarios. Variables such as age, family size, fire frequency, and house value were...

Production costs for fresh Atlantic groundfish and scallop processing are examined using direct observation, linear regression analysis, and cost accounting. Assuming that management chooses a production technique where marginal costs are constant over a wide range of production due to...

There is a wide variety of regulatory instruments available for achieving economic efficiency in markets where externalities exist. All of them, when correctly designed,are equally effective, provided that complete information is available and that adjustments to the level of the instrumentscan...

We develop a model of regulation of environmental risks in a heterogeneousindustry when policy makers are sensitive to uncertainties about the processes generating the risks. Optimal source reduction capacity is shown to vary according to site suitability. Optimal source reduction capacity and...

Throughout its history the North Pacific halibut fishery has experienced dramatic changes in season length—most recently a greater than tenfold decrease during the last fifteen years. This analysis estimates the effect on exvessel halibut demand of season length by incorporating it with...

Recent changes in the U.S. liability regime for oil pollution damage are precipitating a potential insurance crisis for oil carriers operating in U.S. waters. While liability rules can be useful in causing the oil transport industry to internalize the costs of oil pollution, unlimited liability...

Standard models of management of a single-species fishery generally assume that the biomass is of known size and that it is generated by a well-specified deterministicgrowth law. In reality the biomass is of uncertain size and usually subject to random growth. Several authors have addressed the...

The U.S. Geological Survey has determined that irrigation in Arkansas’ Delta is unsustainable. This study examines how irrigation restrictions would affect county net returns to cropproduction. It also considers the effect of planting less water-intensive bioenergycrops—switchgrass and...

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