This study introduces a framework for modeling a renewable forest biomass stock interacting with economic sectors in a competitive economy. The equilibrium is formulated as a mixed complementary problem (which explicitly represents weak inequalities and complementary among decision variables and...

This study presents a Dynamic Computable General Equilibrium model that combines economic and ecological aspects of forest biomass. A framework is introduced for modeling the growth of a biomass stock which interacts with economic sectors. Harvest of and demand for forest products and forest...

A trading ratio is required for water quality trading that involves nonpoint sources to compensate for the difficulty of determining nonpoint loadings, the stochastic characteristics of nonpoint loadings, and the uncertainty inherent in nonpoint source pollution control strategies. Compensating...

A trading ratio is required for water quality trading that involves nonpoint sources to compensate for the difficulty of determining nonpoint loadings, the stochastic characteristics of nonpoint loadings, and the uncertainty inherent in nonpoint source pollution control strategies. Compensating...