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While financial costs are an important component in water resource planning and management, it is rare for water resource planning to thoroughly identify and calculate all costs and benefits, including both environmental costs and the true costs of water, wastewater and stormwater infrastructure...
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This paper presents a classroom experiment where students participate in a simulated futures market. This experiment can be run in about an hour and allows students to interact, negotiate, try different strategies, see how their accounts are closed, and observe how spot and futures markets...
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