Will nitrogen soil testing improve groundwater quality enough to decrease the demand for direct regulation? This question is addressed using a dynamic simulation model of irrigated agriculture in eastern Oregon. Results indicate that soil testing reduces applied nitrogen, increases farm profits...

We offer a decentralized solution to the asymmetric information and hidden action problems in the nonpoint source (NPS) pollution case. Farmers in the same watershed generate homogeneous NPS pollution. The regulator, R, pays for (or represents a group of point-source, PS, polluters who pay for)...

Many firms anticipate that a cap on greenhouse gas emissions will eventually be imposed, either through an international agreement like the Kyoto protocol or through domestic policy, and have started to take voluntary actions to reduce their emissions. If agricultural producers participate in...

Several authors have argued that the second-best environmental tax on a "dirty good" is less than the marginal emission damage associated with its consumption. These studies limit their analysis to cases in which emissions can only be reduced by a proportional reduction of the "dirty" good. With...

A hedonic price model suggests that flooding and erosion hazards, and the actions taken against them, are major determinants of property values in American coastal areas. A zoning ordnance against new construction within the 60-year erosion hazard area would increase property values and perhaps...

This paper uses environmental risk assessment as a nutrient management planning tool to determine the best set of actions to control nutrient nonpoint source pollution in the horticultural industry. The framework minimizes costs subject to obtaining an environmental risk management score at or...

This paper develops an option value model to examine the extent to which output price uncertainty creates incentives to adopt two interrelated components of site-specific technologies sequentially. It analyzes how the impact of uncertainty on the sequential adoption decision differs across...

Land-use restrictions are frequently applied to separate polluting from non-polluting activities. In contrast to the existing literature, we incorporate spatial and intertemporal aspects of the problem simultaneously and determine the border of the zones endogenously. The results, based on a...

Under the Kyoto protocol of the United Nations Framework Convention on Climate Change the United States is charged with reducing emissions of greenhouse gases to seven percent below their 1990 levels by the period 2008-2012. These reductions could be met from many industries including...

On a Virginia crop farm, alternative levels of information are evaluated for managing nitrogen applications based on soil properties and yield potential. Application of variable rates of nitrogen based on crop yield potential can increase profitability and reduce nitrogen pollution potential.