We model countries’ choice of greenhouse gas (GHG) emissions as a dynamic game. Emissions generate immediate benefits to the emitting country but also increase atmospheric GHG concentrations that negatively affect present and future welfare of all countries. Because there are no international...

We model countries' choice of greenhouse gas (GHG) emissions as a dynamic game. Emissions generate immediate benefits to the emitting country but also increase atmospheric GHG concentrations that negatively affect present and future welfare of all countries. Because there are no international...

Dynamic externalities are at the core of many long-term environmental problems, from species preservation to climate change mitigation. We use laboratory experiments to compare welfare outcomes and underlying behavior in games with dynamic externalities under two distinct settings:...

Dynamic externalities are at the core of many long-term environmental problems, from species preservation to climate change mitigation. We use laboratory experiments to compare welfare outcomes and underlying behavior in games with dynamic externalities under two distinct settings: traditionally...

This study seeks assess how the uncertainties associated with the un- derlying biophysical processes in uence the optimal prole of land use over the next century, in light of potential irreversibility in these deci- sions. Our analysis is based on a dynamic stochastic model of global land use,...

The objective of this article is to propose the use of moment functions and maximum entropy techniques as a flexible way to estimate conditional crop yield distributions. We present a moment based model that extends previous approaches in several dimensions, and can be easily estimated using...

Climate change could affect the costs and returns of livestock production by altering the thermal environment of animals thereby affecting animal health, reproduction, and the efficiency by which livestock convert feed into retained products (especially meat and milk). In the United States,...

Approximately 75% of all water used by humans goes towards food production, much of which is traded internationally. This study formally models how this works in the case of crop agriculture, making use of recent advances in international trade theory and new data on the productivity by which...