Assuming individual preferences satisfy the Von Neumann-Morgenstern axioms for expected utility we show how we can measure an individual's expected utility of any state using their willingness to accept a gamble over two reference points. The utility function captures the diminishing marginal...

Forest ecosystem economic valuation is responsible for ecologically aware and reasonable gains to the country and particularly to the surrounding groups through different means. Thus, the central objective of this study was to analyze the economic valuation Gedo Natural Forest conservation...

Renewable energy cannot be fully utilized due to the fluctuation of renewable energy power generation and transmission capability in China. This article proposes a renewable energy-electricity-hydrogen system aims to make the most of renewable energy including curtailment. Then, building the...

Renewable energy cannot be fully utilized due to the fluctuation of renewable energy power generation and transmission capability in China. This article proposes a renewable energy-electricity-hydrogen system aims to make the most of renewable energy including curtailment. Then, building the...

Abstrak (Indonesian)Modul bahan ajar ini disusun untuk memberikan pengetahuan kepada khalayak tentang bagaimana mengenal pentingnya valuasi dan teknik penilaian ekonomi sumberdaya pulau-pulau kecil. Modul ajar ini didesain terdiri atas lima pokok pengenalan. Pokok pertama adalah mengenalkan...