Projections of demand side management efficiency potential can inform electric utility program design and policy compliance. Beyond technology and cost, “achievable potential” estimates explore factors that facilitate end-use efficiency advances. This study compiles state level ex ante...

In order for wind energy to be feasible in the sounds of North Carolina, it must be economical. The price paid for electricity produced by wind must be sufficiently high to translate into a reasonable rate of return for developers and investors. Countervailing tensions on regulators, utilities...

The importance of international trading and multi-national corporate groups means that tax regimes will commonly contain provisions allowing for the adjustment of transfer prices on cross-border transactions. An examination of the taxation Acts of Australia and New Zealand reveals vast...

Chapter 1: Although there are widely accepted theoretical explanations for overexploitation of common-pool resources, empirically we have limited information about the micro-level mechanisms that cause individually efficient exploitation to result in macro inefficiency. This paper conducts the...

A Renewable Portfolio Standard (RPS) is a policy tool that sets a requirement for retail sellers of electricity to provide a minimum portion of their electricity sales from renewable resources. The RPS at state levels has become one of the most important policy incentives for stimulating clean...

Structural models can assess the effectiveness of fishery management prospectively and retrospectively. However, when only fishery-dependent data are available, structural econometric models are highly nonlinear in the parameters, and maximum likelihood and other extremum-based estimators can...

The rise of ecosystem management as an approach to renewable resource policy increases the demand for empirical bioeconomics. This paper provides a working definition of bioeconometrics and a taxonomy of model types. A bioeconometric model is a structural model that econometrically estimates one...

Life history models can include a wide range of biological and ecological features that affect exploited fish populations. However, they typically treat fishing mortality as an exogenous parameter. Implicitly, this approach assumes that the supply of fishing effort is perfectly inelastic. That...

Valuing ecosystem services with microeconomic underpinnings presents challenges because these services typically constitute nonmarket values and contribute to human welfare indirectly through a series of ecological pathways that are dynamic, nonlinear, and difficult to quantify and link to...