Showing 1 - 10 of 266
, this report provides recommendations to support planning decisions and the management of cultural resources that could be …
Persistent link: https://www.econbiz.de/10009435637
This article examines the economic impacts of policy alternatives for addressing allocative inefficiencies among agricultural, urban, and environmental uses of federal water. The Central Valley Project Improvement Act, composed of multiple incentive-based and command-and-control policies, forms...
Persistent link: https://www.econbiz.de/10009429544
One key water resource challenge that faces the eastern United States today is how to regulate water withdrawals by offstream users, while preserving the fair sharing philosophy of the common-law Riparian Doctrine. Traditionally, this doctrine requires that riparians (users owning land adjacent...
Persistent link: https://www.econbiz.de/10009479559
The Physical Externality Model is used to illustrate the potential limitations of blindly adopting formal models for economic investigation and explanation in varied geographical contexts. As argued by institutional economists for the last hundred years the practice limits the value and...
Persistent link: https://www.econbiz.de/10009445836
Traditional approaches to estimating the potential benefits of water reform, including the introduction of water markets, have relied on short-run models which assume irrigation capital is either fixed or not a constraint on decision making. Other studies have incorporated a long-run decision...
Persistent link: https://www.econbiz.de/10009451709
In dieser Arbeit setzen wir uns mit den Auswirkungen von Risikobeschränkungen auf das optimale Verhalten eines Investors auseinander, welcher versucht, den erwarteten Endnutzen zu einem festgelegten Zeitpunkt zu maximieren. Dazu kann er ein vorgegebenes Anfangsvermögen in einem Markt...
Persistent link: https://www.econbiz.de/10009462193
In this paper we formulate a model for foreign exchange exposure management and (international) cash management taking into consideration random fluctuations of exchange rates. A vector error correction model (VECM) is used to predict the random behaviour of the forward as well as spot rates...
Persistent link: https://www.econbiz.de/10009465463
mul-tistage stochastic programming model which focuses on optimum risk decisions. Thesemodels exploit the dynamical …
Persistent link: https://www.econbiz.de/10009465480
This research focuses on developing a crop decision planning model to help farmers make decisions for an upcoming crop … outcomes of these uncertain factors. The output from both forecasting models are incorporated into the crop decision planning … decision planning. For yield forecasting, we propose a crop-weather regression model under a semiparametric framework. We use …
Persistent link: https://www.econbiz.de/10009475761
This paper investigates the farm level impacts of multiple peril yield and revenue insurance in an expected value-variance framework. The analysis is conducted using stochastic simulation jointly with numerical optimisation. Simulation is used to compute the means and variances of revenues as...
Persistent link: https://www.econbiz.de/10009443846