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This paper utilizes laboratory and field experiments to test the use of a provision point mechanism to finance renewable energy programs, commonly known as green pricing programs. The mechanism solicits discrete contributions towards a provision threshold using a money-back guarantee for...
Persistent link: https://www.econbiz.de/10010921168
Niagara Mohawk Power Corporation utilized a demand revealing public good mechanism to implement a green electricity program for provision of renewable energy and planting trees. This GreenChoiceTM program provided an opportunity to test the reliability of contingent valuation for predicting...
Persistent link: https://www.econbiz.de/10005320759
Ecotourism presents developing countries with growing opportunities for attracting foreign exchange and enhancing economic growth, but also raises some pressing management challenges for national parks and other protected areas. This paper presents a framework for analyzing the impacts of...
Persistent link: https://www.econbiz.de/10010882397
Restructuring of electric power markets is proceeding across the United States and in many other nations around the world. The performance of these markets will influence everything from the prices faced by consumers to the reliability of the systems. The challenges of these changes present many...
Persistent link: https://www.econbiz.de/10005320633
We use the non-tidal Passaic River Watershed as a case study to investigate the size of potential cost savings associated with allowing phosphorus emissions trading amongst Waste Water Treatment Plants (WWTP) to achieve a significant reduction in ambient phosphorus levels. To measure the cost...
Persistent link: https://www.econbiz.de/10009444969
In a departure from past contingent valuation research of groundwater quality, this paper estimates a damage function for nitrate exposures based on actual water test results of individual wells. From the perspective of reliability, it is argued that such a full information approach more closely...
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