An analytical framework is proposed for analysis of environmental good production by farmers in the case of price uncertainty. Environmental good production contracted by means of agri-environmental agreements is treated as a riskless option in the farmer’s production activities portfolio. It...

Extensive channel catfish farming is a means of utilizing farm ponds for aquaculture production for either supplementary income of home use. This involves stocking catfish at sufficiently low densities such that a pond is able to assimilate excess feed and fish wastes without needing...

The formulation of market equilibrium problems as mixed complementarity problems (MCP) permits integration of bottom-up programming models of the energy system into top-down general equilibrium models of the overall economy. Despite the coherence and logical appeal of the integrated MCP...

The nature of the relationship Bill James found between the win/loss percentage of a Major League Baseball team and the number of runs the team scores and allows over the course of a season is investigated for the National Hockey League (NHL). We find the optimal form of James' model for the NHL...

Selection and execution of site decontamination projects is often best left to local authorities, in accordance with the subsidiarity principle, even though the budget for such projects is made available through a central authority. In this paper we suggest a practical budget allocation policy...

This paper considers the economic and environmental implications of regulating water and air nitrogen emissions under single and multi-environmental media policies in the U.S. hog industry. We examine tradeoffs from policies designed to correct an externality in one medium, when there are...

The high costs involved in the construction of input-output tables (IOTs) using survey methods, makes the development of mathematical projection techniques attractive. An adjustment and projection method of IOTs, based on mathematical programming techniques, is proposed here. The flexibility and...

Agriculture is the main water-using sector in Southern European Countries, such as Spain and Italy. Innovative institutional solutions for reducing water use or increasing its efficiency are pursued by recent legislation concerning water, in particular by the Water Framework Directive (WFD)....

The objective of this paper is to address the problems of inefficiency and inequity in water allocation in the El Angel watershed, located in Ecuador's Sierra region. Water is captured in a high-altitude region of the watershed and distributed downstream to producers in four elevation-defined...