A methodology for evaluating public wetlands conservation investments that considers climate change is developed and applied to Virginia's Elizabeth River watershed. A revised cellular automaton (CA) model is applied to project future land use change. Discrete stochastic sequential programming...

In this study we use data envelopment analysis (DEA), and an extension of DEA called value efficiency analysis (VEA), to explore the production of quality of life within counties in the mid-Atlantic region and the extent to which production frontiers and efficiency differ between rural and urban...

Owing to the fundamental importance of food to human welfare and of climate to crop and livestock production, agriculture has been a focus of research on the impacts of climate change and variability. This research has been largely concerned with implications for the supply and cost of food and...

Diverse actions and events, ranging from agricultural development to global climate change, have the potential to affect the dynamics within distinct ecosystems. Resource management decisions require information about how people perceive ecosystem impacts and their willingness to pay to prevent...

Most research on point-nonpoint trading focuses on the choice of trading ratio (the rate point source controls trade for nonpoint controls), although the first-best ratio is jointly determined with the optimal number of permits. In practice, program managers often do not have control over the...

The study explores the implications of climate change for the economic costs of ecological conservation and restoration of submerged aquatic vegetation. It develops a methodological framework that addresses the key issues of uncertainty, irreversibility and space in climate change and...

The implications of transactions costs for the performance of water pollution trading involving point and nonpoint sources are examined. The analysis focuses on the impacts of transaction costs on different classes of trading partners and its consequence on the trading equilibrium. The model of...

A spatial equilibrium model is used to quantify the effects of a severance tax on the Pennsylvania coal market. Two regions are identified: the Pennsylvania Market Area and an import/export region. The impacts on prices and quantities of coal supplied and demanded are found to be small. Little...

Flows of water pollutants from agricultural sources are, for all practical purposes, unobservable by direct monitoring. These flows can, however, be estimated using hydrological models. The analysis presented in this paper demonstrates that uncertainty on estimated flows is not neutral with...