Among many, increasing the price of municipal water is considered to be the most effective mechanism for enhancing municipal water conservation, whether during times of drought or not. However, increasing the price of something that is considered to be, literally, a life-giving resource is...

On the nation’s largest aquifer live 2.3 million people, most of whom depend on the Ogallala’s water for household consumption, as well as for agricultural and industrial use. As the Ogallala’s levels decline, policies need to be developed to encourage conservation of this resource that...

The study evaluates the gains of avoiding data-dependent specification search on an estimation sample in an application to discrete choice models. We incorporate data splitting, the process by which the total available sample is randomly split in two or more sub-samples with the first...

Due to payoff uncertainties combined with risk aversion and/or real options, farmers may demand a premium in order to adopt conservation tillage practices, over and above the compensation for the expected profit losses (if any). We propose a method of directly estimating the financial incentives...

A stochastic grain production frontier model is estimated on a representative sample of Ukrainian state farms. Technical inefficiency effects are modeled as a function of workforce composition, other farm-specific variables, and time. Technical inefficiency increased over time. Investment in...

Due to payoff uncertainties combined with risk aversion and/or real options, farmers may demand a premium in order to adopt conservation tillage practices, over and above the compensation for the expected profit losses (if any). We propose a method of directly estimating the financial incentives...

This study empirically investigates environmental benefits at the watershed level from conservation practices, which are typically non-linear. A conservation tillage adoption model is linked to the Soil and Water Assessment Tool model to examine the effectiveness of various conservation policies...

The study proposes a methodology for developing a carbon sequestration baseline attributable to the current use of conservation tillage. An integral component of the methodology is the explicit acknowledgment that there is an uncertainty in the baseline because of the uncertainty associated with...

On the nation’s largest aquifer live 2.3 million people, most of whom depend on the Ogallala’s water for household consumption, as well as for agricultural and industrial use. As the Ogallala’s levels decline, policies need to be developed to encourage conservation of this resource that...