With the recent rapid economic growth, total energy demand in rural China has increased dramatically, and the energy structure is in the transition from non-commercial to commercial sources. Simultaneously, it is expected that households in rural areas will face energy shortages and additional...

The terminology of renewable resource management spans not only prototype harvesting problems but also various new types such as invasive species problems. In all of these problems, process uncertainty of stock growth associated with environmental variability is one of the critical factors that...

Climatic impact on agricultural production is a serious concern, as it is directly linked to food security and poverty. Whereas there are empirical studies that examine this issue with parametric approaches focusing on the “mean” level of variables, few studies have addressed climatic...

This paper explores how threshold uncertainty affects cooperative behaviors in the provision of public goods and the prevention of public bads. The following facts motivate our study. First, environmental (resource) problems are either framed as public bads prevention or public goods provision....

Developing nations are seeking alternative energy for electricity, and one attractive alternative is renewable energy. This research analyzes changing investment environment for renewable energy with real options approach, and explores its potential in developing economies through studying the...

A rapid change in climate patterns potentially driven by global warming is considered to be greatest threats to agriculture. However, little is known about how the change in climate concretely affects agricultural production especially in Nepal with respect to seasons and regions of different...