pt. 1. Consumers' sovereignty -- pt. 2. Markets and consumer interaction -- pt. 3. Producers' rules -- pt. 4. Competitive forces -- pt. 5. Monopoly power -- pt. 6. Strategic agent interaction -- pt. 7. Input markets -- pt. 8. Risky world and intertemporal choices -- pt. 9. Missing markets.

In contrast to EU, U.S. electric utilities are not employing the bioenergy technology of co-firing wood pellets with coal. This difference in employment patterns is explored within a real options analysis (ROA) for possible U.S. utilization of wood pellets, considering fuel-price series from...

Recent failures of renewable energy plants have raised concerns regarding government's role in providing credit subsidies and have harmed the long-run development of renewable energy. The major reason for these failures lies in government loan appraisers not having a model that addresses these...

Assuming a declining correlation in yields as distance between pairs of orchards increases, yield variability in peach production may be reduced by increasing distances among orchards. As a measure of yield variability that avoids possible bias resulting from orchard-specific effects, a...

The objective of this paper is to analyze the relationship of the carbon Kuznets curve. We discuss two potential flaws in past carbon Kuznets curve studies: one, the potential misspecification of energy consumption as a control variable; and, two, the use of vector error correction models as an...