Effluent allowance trading is increasingly being proposed as one means to improve management of effluent discharge into the waters of the United States. Despite the growing enthusiasm, this paper argues that the current statutory and regulatory framework of the Clean Water Act will limit the...

Last year, the Environmental Protection Agency finalized a Total Maximum Daily Load (TMDL) rule that would require states to establish water quality standards for American waterways. The new rule, which is currently under congressional scrutiny, would place emphasis on the rightful goal of water...

Emission and effluent trading programs are increasingly being advocated for the nation’s air and water quality programs. However, important distinctions must be drawn between credit and allowance trading, based on how much decision-making authority is transferred from regulators to...

As many universities are promoting distance courses, the comparative advantages and disadvantages over conventional classroom delivery are being debated. Student attitudes and test performance in an introductory microeconomics course are compared across the two different course delivery formats....

Policy analysts and government agencies promote a particular form of what they term water quality trading as a means to address the most vexing obstacle to meeting water quality standards: reducing nutrient pollutants from agricultural nonpoint sources. However, agricultural nonpoint sources’...

As the environmental policy recommendations of economists become more acceptable, differences in the professional understanding of, and support for, different policy forms are becoming more apparent. These different approaches to environmental policy and research are described around a taxonomy...

Rotational grazing can potentially reduce greenhouse gas (GHG) emissions from animal operations. This study investigates potential GHG reductions from rotational grazing farm operations under alternative procedures for defining a carbon credit. As applied to a case study cow-calf operation, GHG...

This paper contrasts the results of the contingent valuation, hedonic price, and property damages avoided valuation techniques. Each technique was used to estimate the value of flood risk reduction from the construction of a flood control project. Voting behavior in a referendum called...

Given the current constraints in expanding public water capacity, water supply managers will increasingly be required to find ways to reduce demand during temporary water shortages. Consequently, water supply managers need sound estimates for the effectiveness of water reduction programs. This...