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This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities …-linear building cost of dam capacity and externalities in a welfare optimization model. We obtain the optimal dam capacity for multi …
Persistent link: https://www.econbiz.de/10010421750
A generalization of transferable utility cooperative games from the functional forms introduced by von Neumann and Morgenstern (1944, Theory of Games and Economic Behavior) and Lucas and Thrall (1963, Naval Research Logistics Quarterly, 10, 281-298) is proposed to allow for multiple membership....
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-term externalities of binge drinking. We find that these externalities are on average £4.9 billion per year ($7 billion), about £80 for …
Persistent link: https://www.econbiz.de/10010487532
Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main categories are considered, namely ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings/investments and composite indexes. All these alternatives turn...
Persistent link: https://www.econbiz.de/10010430649
-term externalities of binge drinking. We find that these externalities are on average $4.9 billion per year ($7 billion), about $80 for …
Persistent link: https://www.econbiz.de/10010479918
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demand by reducing negative externalities. We apply the framework to the database of Kee et al. (2009) and derive ad valorem …
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