We develop a two-stage, multinomial logit model of UK land use to investigate the impact of policychanges upon agriculture. The model utilizes a large panel database covering the entirety of Englandand Wales for 14 years between 1969 and 2004 integrated with the economic and physicalenvironment...

This paper identifies information that may be important in determining the benefits ofpreventing toxic water contamination (or equivalently cost of nonaction) when a given toxificationoccurs. It attempts to identify information and behavior issues that need to be considered when weestimate...

In South Africa water law has recently changed, adopting the principle of water as an economic good,thus levying charges on its use. For small-scale irrigators this is an important change, becausecurrently their water use is entirely subsidized. In the coming years, subsidies will gradually...

Current projections indicate that by 2025, water scarcity will affect over one quarter of the world’spopulation. This suggests that the need to manage water more efficiently will become more pressingduring the next few years as the demand for water increases along with the expansion...

The growth of wind power as an aspect of Minnesota’s portfolio of electricity hasbeen propelled to its current level by policy initiatives at both the federal and statelevels. Existing statutes establish requirements for further expansion of windenergy in this state in the years to come....

Economic Experimental Games (EEG) have challenged the theoretical prediction showing that individuals balance own and collective interests when making decisions that deviate away from suboptimal Nash equilibrium. However, few studies have analyzed whether these deviations from Nash equilibrium...

The recent rise in world oil prices, coupled with heightened interest in the abatement of greenhouse gas emissions, has led to a sharp increase in domestic biofuels production around the world. Previous authors have devoted considerable attention to the impacts of these policies on a...

A canvass of the resource economics literature of the last thirty years yields a limited number of applications of economic theory to the problems of recreational fishing, especially compared to the depth of contributions to commercial fisheries over this era. This neglect may be linked to the...

Life cycle analysis (LCA) is the standard approach used to evaluate the greenhouse gas (GHG) benefits of biofuels. However, it is increasingly recognized that LCA results do not account for some impacts including land use changes that have important implications on GHGs. Thus, an alternative...

The MODERE, the Ministry of the Environment Irrigation Decision Model, is a simulation tool whichuses mathematical programming methods to reveal the implicit multiattribute objective function lyingbehind the observed cropping decision. The model takes different criteria such as profit...