This paper focuses on how electric utility companies can respond in their decision making to uncertain variables. Here we take a mean- variance type of approach. The mean'' value is an expected cost, on a discounted value basis. We assume that management has risk preferences incorporating a...

2002 war das Internationale Jahr der Berge. In diesem Zusammenhang fanden in aller Welt zahlreiche Veranstaltungen statt, um das Verständnis für die Bedeutung der Bergwelt aus historischer, ökologischer, kultureller und wirtschaftlicher Sicht zu verbessern. Ferner sollte nach Wegen gesucht...

This study contributes to the understanding of behavioural responses to climate change induced extreme weatherevents. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method is outlined using the empirical case of agricultural...

Water managers increasingly are faced with the challenge of building public or stakeholder support for resource management strategies. Building support requires raising stakeholder awareness of resource problems and understanding about the consequences of different policy options. One approach...

Public water utilities have increasingly turned to increasing block rate price structures to reduce water consumption and signal the high environmental costs of water supply. Hsu evaluates the impact of a new and substantially higher price block added to the existing block rate price structure...

The individual-based modeling approach for the simulating fish population and community dynamics is gaining popularity. Individual-based modeling has been used in many other fields, such as forest succession and astronomy. The popularity of the individual-based approach is partly a result of the...

Water quality trading (trading) as a means to improve water quality has become an increasingly popular instrument considered by environmental policy makers. Although the U.S. Environmental Protection Agency lists more than forty current trading programs in the U.S., only a few active markets...