We analyze two questions concerning the conservation of biodiversity in a dynamic and stochastic framework. First, given the link between natural habitats and biodiversity, when should a social planner stop the habitat conversion process? Second, what is the nexus between a social planner’s...

In this paper, we present a nonrenewable resource model including environmental pollution as a state variable. The model is analyzed to identify some of the characteristics of the optimal paths. In addition, we present a numerical example on the basis of the algebraic solutions of our...

The advantages of increasingly fine scale management of fisheries may be offset by increased enforcement and management costs, reduced catch-per-unit-effort and increased running costs for harvesters, and by an intensification of the race for fish. An alternative to regulated open access would...

Arguments in favor of adopting rights-based management strategies have been developed primarily in the context of commercial fisheries and have focused on increasing the profitability of catcher vessel operations and reducing the incentive to deplete fish stocks. Relatively little attention has...

A survey of extension administrators, department heads, and extension specialists was conducted to determine the best methods for evaluating the performance of extension economists. The results demonstrate how the groups surveyed view the relative importance of the various roles played by...

We analyze a dynamic model of environmental policy in a stylized developing country (DC) with a dual economy. This DC’s economy is distorted because the government subsidizes the exports of the non-polluting sector of the economy. We analyze the employment and output effects of three different...

This study evaluates the effectiveness of demand-side water conservation policies in Salt Lake City, Utah for the years 1999 to 2002. We add to the existing residential water demand literature by exploring panel estimation techniques with disaggregated household level data. Alternative policies...

The research activities described in this document were supported by the Utah State University Economics Research Institute in 2003. The Economics Research Institute was founded in 1965 to provide training opportunities for graduate students and to assist in the solution of local, regional, and...