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Intergenerational resource rights, efficiency, and social optimality.
February 1, 1990... Intergenerational Resource Rights, Efficiency, and Social Optimality
I. INTRODUCTION
The discipline of economics is generally defined as the science of the allocation of scarce resources between competing social objectives. Given an...
Fishing for knowledge. (economic theory of fishing)
February 1, 1990... Fishing for Knowledge
I. INTRODUCTION
Although it may come as a surprise to persons unacquainted with fisheries economics, traditional theory assumes away the problem of finding fish.(1) The point of this paper is to begin the...
OCS leasing policy and lease prices. (Outer Continental Shelf)
February 1, 1990... OCS Leasing Policy and Lease Prices
I. INTRODUCTION
The rights to explore and develop the petroleum reserves of the Outer Continental Shelf (OCS) are sold to private companies via sealed bid auction. The bid is a cash payment or...
Sample selection bias in the estimation of recreation demand functions: an application to sportfishing.
February 1, 1990... Sample Selection Bias in the Estimation of Recreation Demand Functions: An Application to Sportfishing
Estimating the value of public actions through behavior implied by the demand for recreation has proved valuable in many settings. Early...
Errors truncation in approximations to expected consumer surplus.
February 1, 1990... Errors of Truncation in Approximations to Expected Consumer Surplus
I. INTRODUCTION
Consumer surplus and other welfare measures calculated from demand curves are random variables. This is so because these measures are functions of...
The production of fishing effort and the economic performance of licence limitation programs.
February 1, 1990... The Production of Fishing Effort and the Economic Performance of License Limitation Programs
Table : I. INTRODUCTION
Anderson (1985) has demonstrated that fishery regulation by means of licence limitation may generate rents in a...
An empirical examination of the effect of impact fees on the housing market.
February 1, 1990... An Empirical Examination of the Effect of Impact Fees on the Housing Market
I. INTRODUCTION
In recent years a number of communities have simultaneously experienced population growth, deteriorating infrastructure, increased...
The causes of land degradation along "spontaneously" expanding agricultural frontiers in the Third World.
February 1, 1990... The Causes of Land Degradation along "Spontaneously" Expanding Agricultural Frontiers in the Third World
The extent and consequences of deforestation and related environmental degradation in the developing world have become the subject of...
A new approach to increasing timber supply from the nonindustrial private forests of the South.
February 1, 1990... A New Approach to Increasing Timber Supply from the Nonindustrial Private Forests of the South
For years forest economists have debated the nature and magnitude of the "problem" of forest management on forests owned by individuals and...
The impact of environmental regulation on industry location decisions: the motor vehicle industry.
February 1, 1990... The Impact of Environmental Regulation on Industry Location Decisions: The Motor Vehicle Industry
I. INTRODUCTION
Air pollution policy has moved steadily toward strict uniformity of regulations across regions. In particular,...