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In order for wind energy to be feasible in the sounds of North Carolina, it must be economical. The price paid for electricity produced by wind must be sufficiently high to translate into a reasonable rate of return for developers and investors. Countervailing tensions on regulators, utilities...
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Commercial fishing involves both physical and financial risks. This combination questions whether fishermen are inherently risk-loving, whether physical and financial risk preferences are correlated, and how much preferences vary across fishermen. This paper addresses these questions with a...
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