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; cotton and field crops). The supply of water for irrigation is subject to climatic and policy uncertainty. Variable inflows … issues facing irrigators, greater pressure is being placed on this finite resource. The uncertainty of the water supply …, water quality (salinity), combined with where water is utilised, while attempting to maximising return for investment makes …
Persistent link: https://www.econbiz.de/10010879338
; cotton and field crops). The supply of water for irrigation is subject to climatic and policy uncertainty. Variable inflows … issues facing irrigators, greater pressure is being placed on this finite resource. The uncertainty of the water supply …, water quality (salinity), combined with where water is utilised, while attempting to maximising return for investment makes …
Persistent link: https://www.econbiz.de/10010920123
. What additional economic cost of mitigation measures will this delay imply? At the same time, the uncertainty surrounding … this uncertainty cost? Is there a hedging strategy that decision makers can adopt to cope with delayed action and uncertain … computing the optimal abatement strategy in the presence of uncertainty about a global stabilisation target (which will be …
Persistent link: https://www.econbiz.de/10010264441
There is a tendency among policy-makers and industry lobbyists toward "specific", "relative" or "output-based" quotas, i.e., freely distributed to firms proportionally to their output. With a stochastic analytical model, we demonstrate that relative quotas are dominated either by absolute quotas...
Persistent link: https://www.econbiz.de/10011325068
The Kyoto Protocol on climate change allocates tradable quotas to developed countries, but let them free to choose the means to respect their quota. There are good reasons for a country not to control its firms through internationally tradable permits. We thus compare a tax and purely domestic...
Persistent link: https://www.econbiz.de/10011335728
. What additional economic cost of mitigation measures will this delay imply? At the same time, the uncertainty surrounding … this uncertainty cost? Is there a hedging strategy that decision makers can adopt to cope with delayed action and uncertain … computing the optimal abatement strategy in the presence of uncertainty about a global stabilisation target (which will be …
Persistent link: https://www.econbiz.de/10010279546
There is a tendency among policy-makers and industry lobbyists toward "specific", "relative" or "output-based" quotas, i.e., freely distributed to firms proportionally to their output. With a stochastic analytical model, we demonstrate that relative quotas are dominated either by absolute quotas...
Persistent link: https://www.econbiz.de/10005423153
. What additional economic cost of mitigation measures will this delay imply? At the same time, the uncertainty surrounding … this uncertainty cost? Is there a hedging strategy that decision makers can adopt to cope with delayed action and uncertain … computing the optimal abatement strategy in the presence of uncertainty about a global stabilisation target (which will be …
Persistent link: https://www.econbiz.de/10005423164
spatial changes in natural stocks (i.e. water supply) and their temporal variability (i.e. frequency of drought states of … by state of nature . A change in the frequency of drought will induce a change in the allocation of land and water … land and water use will allow the maintenance of agricultural water use and environmental flows. …
Persistent link: https://www.econbiz.de/10008875873
.e. when the date of occurrence of the shock is known, and under uncertainty, when the date of occurrence of the shock is a … random variable. We show that an increase in uncertainty leads to a decrease in precautionary behavior in the short run and … Mancha aquifer in Spain. We show that, in this context, it is advantageous for the water agency to acquire information on the …
Persistent link: https://www.econbiz.de/10010744194