As pressures mount to develop intensive business operations along a coastline prized for its natural beauty, varied plant and wildlife and archeological sites, it is important to present decision makers with a full analysis of all values associated with the area. In this study, we examine...

High taxes on new cars in Israel provide an incentive for car owners to defer the purchase of new vehicles. The result is a vehicle fleet of older, more polluting vehicles, with air pollution costs estimated at up to $530 million annually. The purpose of this paper is to conduct a cost benefit...

This paper attempts to measure, in a cost-benefit analysis, a stricter noise abatement programme for noise originating from roads in Israel. Using the hedonic price method for three large cities and rural area transactions, a benefit from noise reduction was found. In order to perform a social...

This study examines the economic viability of relocating polluting industrial factories from densely populated residential areas to designated industrial zones. This solution requires a significant economic investment consisting of relocating and remediating costs. This solution has a direct...

This paper analyzes the effect of water supply uncertainty on farmers' choice of crop portfolio. The paper presents an innovative model to estimate the value of uncertainty of water supply, and then tests the model using data from Israel. The modeling results provide support to the hypothesis...

We use an empirical estimation procedure to examine the effect of macroeconomic variables of Israel's trading partners on the country's exports. The main goal of our study is to use the estimation results to point to the optimal trade policy for Israel, and compare it with the current policy.

It is often taken for granted that thermal renovation of building envelopes not only conserves operational energy and reduces the environmental impact of generating electricity, but is also economically beneficial to the individual homeowner. While this may be true in cold climates, it may not...

The paper explores the performance of decentralized incentives when abatement involves technological indivisibilities. Technologically, pollution abatement is often carried out as a discrete process, if pollution reduction involves relatively large-scale investments in emission abatement...

Growing concerns about the availability of clean water supplies have stimulated increased interest in the management of international waters. This paper uses game theory to assess the potential for cooperative management of an international water body such as the Great Lakes. We demonstrate that...