Students

Study Quiz

Excel Models

Excel-based simulations that let you numerically solve Resource Extraction problems.

Created by Arthur Caplan and John Gilbert of Utah State University, these models allow you to explore the effects of changes in the N-Period Constant-Cost Case, the Transition to a Renewable Substitute, and Increasing Marginal Extraction Cost cases (Chapter 7).

(Note: You will need to enable macros and use the “Solver Add-in” to view the models. Refer to the “How-to” manual above for more information. File updated to work with Excel 2007/2010.)

Additional References

Chapter 1

Ascher, William. (1999). Why Governments Waste Natural Resources: Policy Failures in Developing Countries. Baltimore, MD: The Johns Hopkins University Press.

Brander, James A., & Scott Taylor, M. (1998). The simple economics of Easter Island: A Ricardo–Malthus model of renewable resource use. The American Economic Review, 88(1), 119–138.

Committee on the Science of Climate Change, National Research Council. (2001). Climate Change Science: An Analysis of Some Key Questions. Washington, D.C.: National Academy Press.

Diamond, Jared. (2005). Collapse: How Societies Choose to Fail or Succeed. New York: Viking.

Intergovernmental Panel on Climate Change (IPCC). (2007). Climate Change 2007: The Physical Basis. Contribution of Working Group I to the Fourth Assessment Report of the Intergovernmental Panel on Climate Change. Cambridge: Cambridge University Press.

Intergovernmental Panel on Climate Change (IPCC). (2013). Summary for policymakers of the IPCC Working Group I assessment report, Climate change 2013: the physical science basis. Available at: www.ipcc.ch/report/ar5/wg1/#.UmVREJRASi9 (accessed October 21, 2013).

Lomborg, Bjørn. (2001). The Skeptical Environmentalist: Measuring the Real State of the World. Cambridge: Cambridge University Press.

National Research Council. (2010). Advancing the Science of Climate Change in America's Climate Choices: Panel on Advancing the Science of Climate Change. Washington, D.C.: The National Academies Press.

Portney, P. R. (1998). The growing role of economics in environmental decisionmaking. Environment, 40 (2), 14.

Reisner, Mark. (2003). A Dangerous Place: California's Unsettling Fate. New York: Penquin Books.

Sabloff, Jeremy A. (1971). The collapse of classic Maya civilization. In John Harte & Robert H. Socolow (Eds.), Patient Earth. New York: Holt, Rinehart and Winston, 16–27.

The Worldwatch Institute. (2004). The State of the World 2004. New York: W. W. Norton.

Webster, David, Freter, Anncorinne, & Golin, Nancy. (2000). Copán: The Rise and Fall of an Ancient Maya Kingdom. Fort Worth, TX: Harcourt Brace Publishers.

Historically Significant References

Krutilla, John. (1968). Conservation reconsidered. The American Economic Review, 57, 777–786.

Lovins, A., Lovins, L. H., & and Hawken, P. (1999). A road map for natural capitalism. Harvard Business Review, 145–158.

World Commission on Environment and Development. (1987). Our Common Future. Oxford: Oxford University Press.

Additional References

Chapter 2

Coase, Ronald. (1960). The problem of social cost. The Journal of Law and Economics, 3, 1–44.

Golan, Elise, Kuchler, Fred, Mitchell, Lorraine, et al. (2001). The economics of food labeling. Journal of Consumer Policy, 24 (2), 117–184.

Lueck, Dean. (June 2002). The extermination and conservation of the American bison. The Journal of Legal Studies, 31 (2), S609–S652.

Ratnieks, Francis L. W & Carreck, Norman L. (January 2010). Clarity on honey bee collapse? Science, 327 (5962), 152–153.

Historically Significant References

Anderson, Terry L., & Hill, P. J. (1975). The evolution of property rights: A study of the American West. The Journal of Law and Economics, 18 163–179.

Anderson, Terry L., & Simmons, Randy T. (Eds.). (1993). The Political Economy of Customs and Culture: Informal Solutions to the Commons Problem. Lanham, MD: Rowman & Littlefield Publishers.

Bromley, Daniel W. (1989). Economic Interests and Institutions: The Conceptual Foundations of Public Policy. Oxford: Basil Blackwell.

Coase, Ronald. (1960). The problem of social cost. The Journal of Law and Economics, 3, 1–44.

Demsetz, Harold. (1967). Toward a theory of property rights. American Economic Review, 57, 347–359.

Gordon, H. Scott. (1954). The economic theory of a common property resource: The fishery. Journal of Political Economy, 62, 124–142.

Ostrom, Elinor. (1990). Governing the Commons: The Evolution of Institutions for Collective Action. Cambridge: Cambridge University Press.

Additional References

Chapter 3

Harrington, W., Morgenstern, R. D., & Nelson, P. (1999). Predicting the costs of environmental regulations: How accurate are regulators' estimates? Environment, 41(7), 10–14, 40–44.

Loomis, John B. (2011). Incorporating distributional issues into benefit cost analysis: Why, how and two empirical examples using non-market valuation. Journal of Benefit-Cost Analysis, 2(1), Article 5. Available at: www.bepress.com/jbca/vol2/iss1/5

US EPA, National Center for Environmental Economics Office of Policy. (December 2010). Guidelines for Preparing Economic Analyses (updated May 2014). Washington, D.C.: EPA.

Historically Significant References

Arrow, K. J., & Fisher, A. C. (1974). Preservation, uncertainty, and irreversibility. Quarterly Journal of Economics, 87, 312–319.

Arrow, Kenneth J., & Lind, Robert C. (1970). Uncertainty and the evaluation of public investment decisions. American Economic Review, 60 (3), 364–378.

Haveman, Robert H. (1972). The Economic Performance of Public Investments: An Ex Post Evaluation of Water Resources Investments. Baltimore, MD: Johns Hopkins Press for Resources for the Future.

Weitzman, M. L. (1994). On the environmental discount rate. Journal of Environmental Economics and Management, 26 (2), 200–209.

Additional References

Chapter 4

Acharya, Gayatri, and Lynne Lewis Bennett. "Valuing Open Space and Land Use Patterns in Urban Watersheds,"Journal of Real Estate Finance and Economics22, no. 213 (2001): 221-237.

Ackerman, Frank, Lisa Heinzerling, and Rachel Massey. "Applying Cost-Benefit to a Past Decision: Was Environmental Protection Ever a Good Idea?"Administrative Law Journal57, no. 1 (2004).

Aldy, Joseph E. and W.Kip Viscusi. “Adjusting the Value of a Statistical Life for Age and Cohort Effects.”Review of Economics and Statistics, 2008. 90(3): 573-581, August.

Bateman IJ, Jones AP, Lovett AA, Lake I, Day BH (2002) Applying geographical information systems (GIS) to environmental and resource economics.Environmental and Resource Economics22(1–2):219–269. doi:10.1023/A:1015575214292

Bishop RC, Boyle KJ, Carson RT, Chapman D, Hanemann WM, Kanninen B, Kopp RJ, Krosnick JA, List J, Meade N, Paterson R, Presser S, Smith VK, Tourangeau R, Welsh M, Wooldridge JM, DeBell M, Donovan C, Konopka M, Scherer N. (2017) Putting a value on injuries to natural assets: The BP oil spill. ScienceVol. 356, Issue 6335: 253-254. DOI: 10.1126/science.aam8124

Bockstael, N. E. "Economics and Ecological Modeling: The Importance of a Spatial Perspective,"American Journal of Agricultural Economics(1996): 1168-1180.

Bohlen, C. and Lewis, L.Y. Examining the economic impacts of hydropower dams on property values using GIS.Journal of Environmental Management, Volume 90, Supplement 3, July 2009, Pages S258scie9.

Boyle, Kevin, Lynne Lewis, Jaren Pope and Jeffrey Zabel, “Valuation in a Bubble: Hedonic Modeling Pre- and Post-Housing Market Collapse” AERE Newsletter, Association of Environmental and Resource Economists (AERE) Vol. 32, No. 2 November 2012

Boyle, Kevin J., Thomas P. Holmes, Mario F. Teisl, and Brian Roe. "A Comparison of Conjoint Analysis Response Formats,"American Journal of Agricultural Economics83, no. 2 (2001): 441-454.

Brouwer, R. (2000). Environmental Value Transfer: state of the art and future prospects. Ecological Economics. 32(1):  137-152.

Cameron, Trudy “Euthanizing the Value of a Statistical Life” Review of Environmental Economics and Policy Vol 4 (2), 2010, pp. 161-178.

Carson, Richard T. “Contingent Valuation: A Comprehensive Bibiliography and History”, Edward Elgar Publishing, Inc., 2011

Carson, Richard T., et al.A Bibliography of Contingent Valuation Studies. La Jolla: Natural Resource Damage Assessment, Inc., 1994.

Clapp, John, Mauricio Rodriguez and Grant Thrall “How GIS Can Put Urban Economic Analysis on the Map,” Journal of Housing Economics, 1997, 6, 368-386.

Dickie, Mark (2016). Averting Behavior Methods, Chapter 8 in A Primer on Nonmarket Valuation. 2nd Edition. Champ, Patricia A., Boyle, Kevin J., & Brown, T. C. (Eds). Springer.

Ehmke, M.D., J.L. Lusk and J.A. List. 2008. “Is Hypothetical Bias a Universal Phenomenon? A Multinational Investigation,”Land Economics84(3): 489-500.

Florax, R. J. G. M., P. Nijkamp and K. G. Willis (eds.) (2002),Comparative Environmental Economic Assessment. Edward Elgar: Cheltenham

Freeman, A. Myrick, III.The Measurement of Environmental and Resource Values: Theory and Methods. Washington, DC: Resources of the Future, Inc., 2003.

Geoghegan, J., L. A. Wainger, and N. E. Bockstael. "Spatial Landscape Indices in a Hedonic Framework: An Ecological Economics Analysis Using GIS,"Ecological Economics23 (1997): 251-264.

Gopalakrishnan, Sathya and Klaiber, H. Allen, Is the Shale Boom a Bust for Nearby Residents? Evidence from Housing Values in Pennsylvania (July 1, 2012). Available at SSRN:http://ssrn.com/abstract=2117932orhttp://dx.doi.org/10.2139/ssrn.2117932

Hammitt, James K. and Lisa A. Robinson. "The Income Elasticity of the Value per Statistical Life: Transferring Estimates between High and Low Income Populations. Journal of Benefit-Cost Analysis 2(1), 2011.

Hanemann, W. Michael, "Valuing the Environment Through Contingent Valuation,"Journal of Economic Perspectives8, no. 4 (1994): 19-43.

Holmes, Thomas P., and Wiktor L. Adamowicz. "Attribute-Based Methods." InA Primer on Nonmarket Valuation, edited by Ian Bateman. New York: Kluwer Academic Publishers, 2003.

Johnston, Robert, J., Elena Y. Besedina and Matthew H. Ranson. “Characterizing the effects of valuation methodology in function-based benefits transfer,”Ecological EconomicsVolume 60, Issue 2, 1 December 2006, Pages 407cedi

Johnston, R. J., Boyle, K. J., Adamowicz, W., Bennett, J., Brouwer, R., Cameron, T. A., ... & Tourangeau, R. (2017). Contemporary guidance for stated preference studies.Journal of the Association of Environmental and Resource Economists,4(2), 319-405.

Johnston, Robert and Randall S. Rosenberger, “Methods, Trends and Controversies in Contemporary Benefits Transfer,”Journal of Economic Surveys2010, 24(3): 479-510.

Labao, Rex, Hermina Francisco, Dieldre Harder and Florence Ivy Santos, “Do Colored Photographs Affect Willingness to Pay Responses for Endangered Species Conservation,”Environ. Resource Econ2008, 40: 251-264.

Landry, C. A. Lange, J.A. List, M.K. Price and N.G Rupp. 2006. “Toward an Understanding of the Economics of Charity: Evidence from a Field Experiment.”Quarterly Journal of EconomicsMay: 747-782.

Landry, C. E. and C. H. Mires (2018 draft) Economic Value of Maritime Cultural Heritage: Using Choice Experimentation to Evaluate Preferences for the Graveyard of the Atlantic Maritime Park. University of Georgia.

Lewis, L. and Landry, C. (2017) ‘River restoration and hedonic property value analyses: Guidance for effective benefit transfer’, Water Resources and Economics, 17, 20-31.

Loomis, J. B. "Measuring The Economic Benefits of Removing Dams and Restoring the Elwha River: Results of a Contingent Valuation Survey,"Water Resources Research32, no. 2 (1996): 441-447.

Michaels, R. G., and V. K. Smith. "Market Segmentation and Valuing Amenities with Hedonic Models: The Case of Hazardous Waste Sites,"Journal of Urban Economics28 (1990): 223-242.

Mihaescu, Oana; vom Hofe, Rainer, “The Impact of Brownfields on Residential Property Values in Cincinnati, Ohio: A Spatial Hedonic Approach,” Journal of Regional Analysis and Policy, 20C12, v. 42, iss. 3, pp. 223-36.

Mitchell, Robert C., and Richard T. Carson.Using Surveys to Value Public Goods: The Contingent Valuation Method. Washington, D.C.: Resources for the Future, 1989.

Mitchell, Robert Cameron. "On Designing Constructed Markets in Valuation Surveys,"Environmental and Resource Economics22 (2002): 297-321.

Mrozek, Janusz and Laura O. Taylor. “What Determines the Value of Life? A Meta-Analysis.”Journal of Policy Analysis and Management. 2002. 21(2): 253-270.

Palmquist, R. B., F. M. Roka, and T. Vukina. "Hog Operations, Environmental Effects and Residential Values,"Land Economics73, no. 11 (1997): 114-124.

Parsons, George. "The Travel Cost Model." InA Primer on Nonmarket Valuation, edited by Ian Bateman. Kluwer Academic Publishers, 2003.

Smith, V. Kerry & Pattanayak, Subhrendu K. & Van Houtven, George L., 2006. "Structural benefit transfer: An example using VSL estimates,"Ecological Economics, Elsevier, vol. 60(2), pages 361-371, December.

Smith, V.K., G Van Houtven, SK Pattanayak. “Benefit transfer via preference calibration:“Prudential algebra” for policy,”Land EconomicsFebruary 1, 2002 vol. 78 no. 1 132-152

Taylor, Laura O. "The Hedonic Method," InA Primer on Nonmarket Valuation, edited by Ian Bateman. New York: Kluwer Academic Publishers, 2003.

Viscuzi, W. Kip “Economic Foundations of the Current Regulatory Reform Efforts”Journal of Economic Perspectives, Vol 10, No.3 (Summer,1996):119-134

Viscusi, W. Kip, "How to Value a Life" Journal of Economic Finance, Vol 32 (2008) pp. 311-323

Whittington, Dale. "Improving the Performance of Contingent Valuation Studies in Developing Countries,"Environment and Resource Economics22 (2002): 323-367.

Historically Significant References

Chapter 5

Hartwick, J. M. (1977). Intergenerational equity and the investing of rents from exhaustible resources. American Economic Review, 67, 972–974.

Rawls, John. (1971). A Theory of Justice. Cambridge, MA: Harvard University Press.

Solow, R. (1986). On the intergenerational allocation of natural resources. Scandinavian Journal of Natural Resources, 88(1), 141–149.

Historically Significant References

Chapter 6

Devarajan, Shantayanan, & Fisher, Anthony C. (1981). Hotelling's “Economics of Exhaustible Resources”: Fifty years later. Journal of Economic Literature, 19, 65–73.

Herfindahl, O. C. (1967). Depletion and economic theory. In M. Gaffney (Ed.), Extractive Resources and Taxation Proceedings. Madison: University of Wisconsin Press, 63–90.

Additional Resources

Chapter 7

Berry, D. (2002). The market for tradable renewable energy credits. Ecological Economics, 42 (3), 369–379.

Boots, M. (2003). Green certificates and carbon trading in the Netherlands. Energy Policy, 31 (1), 43–50.

Campbell, C. J., & Laherrere, J. H. (March 1998). The end of cheap oil. Scientific American, 78–83.

DeCanio, S. J. (1998). The efficiency paradox: Bureaucratic and organizational barriers to profitable energy-saving investments. Energy Policy, 26 (5), 441–454.

Deffeyes K. S. (2001). Hubbert's Peak: The Impending World Oil Shortage. Princeton, NJ: Princeton University Press.

Dubin, Jeffrey A., & Rothwell, Geoffry S. (1990). Subsidy to nuclear power through Price-Anderson liability limit. Contemporary Policy Issues, 8, 73–79.

Durham, Catherine A., Colby, Bonnie G. & Longstreth, Molly. (1988). The impact of state tax credits and energy prices on adoption of solar energy systems. Land Economics, 64, 347–355.

Fristrup, P. (2003). Some challenges related to introducing tradable green certificates. Energy Policy, 31 (1), 15-19.

Fry, Gene R. (1986). The economics of home solar water heating and the role of solar tax credits. Land Economics, 62, 134–144.

Griffin, James M. (1985). OPEC behavior: A test of alternative hypotheses. The American Economic Review, 75, 954–963.

Hall, Darwin C. (Ed.). (July 1990). Social and private costs of alternative energy technologies. Contemporary Policy Issues, 1–2.

Langniss, O., & Wiser, R. (2003). The renewables portfolio standard in Texas: An early assessment. Energy Policy, 31 (6), 527–535.

Lind, Robert C., et al. (1982). Discounting for Time and Risk in Energy Policy. Washington, D.C.: Resources for the Future.

Lorenzoni, A. (2003). The Italian green certificates market between uncertainty and opportunities. Energy Policy, 31 (1), 33–42.

Meier, Peter, & Munisinghe, Mohan. (2004). Sustainable Energy in Developing Countries: Policy Analysis and Case Studies. Cheltenham, U.K.: Edward Elgar.

Morthorst, P. E. (2003). A green certificate market combined with a liberalised power market. Energy Policy, 31 (13), 1393–1402.

Myers, N., & Kent, J. (2001). Perverse Subsidies: How Tax Dollars Can Undercut the Environment and the Economy. Washington, D.C.: Island Press.

Nielsen, L., & Jeppesen, T. (2003). Tradable green certificates in selected European countries –overview and assessment. Energy Policy, 31 (1), 3–14.

Oliver, M., & Jackson, T. (1999). The market for solar photovoltaics. Energy Policy, 27(7), 371–385.

Rader, Nancy. (2000). The hazards of implementing renewables portfolio standards. Energy & Environment, 11 (4), 391–405.

Smith, J. L. (2005). Inscrutable OPEC? Behavioral tests of the cartel hypothesis. The Energy Journal 26(1): 51-82.

Historically Significant References

Lee, Dwight R. (1978). Price controls, binding constraints, and intertemporal economic decision making. Journal of Political Economy, 86, 293–301.

Salant, S. W. (1976). Exhaustible resources and industrial structure: A Nash-Cournot approach to the world oil market. Journal of Political Economy, 84, 1079–1093.

Additional References

Chapter 8

Kinneman, T.C. & Fullerton, D. (November 2000). Garbage and recycling with endogenous local policy. Journal of Urban Economics, 419–422.

Kinnaman, Thomas, & Yokoo, Hide-Fumi. (May 2011). The environmental consequences of global reuse. The American Economic Review, 101 (3), 71–76.

Porter, Richard C. (1997). The Economics of Water and Waste in Three African Capitals. Aldershot, U.K.: Ashgate Press, 1997.

Shea, Cynthia Pollock. (May/June 1988). Building a market for recyclables. World Watch, 12–18.

UNEP. (1989). Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and their Disposal. Available at: www.basel.int/Portals/4/Basel%20Convention/docs/text/BaselConventionText-e.pdf

Viscusi, W. Kip, Huber, Joel, & Bell, Jason. (2012). Alternative policies to increase recycling of plastic water bottles in the United States. Review of Environmental Economics and Policy, 6 (2), 190–211.

Widmer, R., Oswald-Krapf, H., Sinha-Khetriwal, D., Schnellmann, M., & Boni, H. (2005). Global perspectives on E-waste. Environmental Impact Assessment, 25, 436–458.

Historically Significant References

Barnett, Harold J. (1979). Scarcity and growth revisited. In V. Kerry Smith (Ed.), Scarcity and Growth Reconsidered. Baltimore, MD: Johns Hopkins University Press for Resources for the Future, 163–217.

Barnett, Harold, & Morse, Chandler. (1963). Scarcity and Growth: The Economics of Natural Resource Availability. Baltimore, MD: Johns Hopkins University Press.

Berndt, E. R., & Wood, D. (1975). Technology, prices and the derived demand for energy. Review of Economics and Statistics, 57, 259–268.

Brobst, Donald A. (1979). Fundamental concepts for the analysis of resource availability. In V. Kerry Smith (Ed.), Scarcity and Growth Reconsidered. Baltimore, MD: Johns Hopkins University Press, 1979, 106–142.

Goeller, H. E., & Weinberg, A. M. (1978). The age of substitutability. The American Economic Review, 68, 1–11.

Kakela, Peter J. (1981). Iron ore: From depletion to abundance. Science, 212, 132–136.

Skinner, B. J. (1976). A second Iron Age ahead? American Scientist, 64, 258–269.

Smith, V. Kerry. (1978). Measuring natural resource scarcity: Theory and practice. Journal of Environmental Economics and Management, 5, 150–171.

Smith, V. Kerry. (1979). Natural resource scarcity: A statistical analysis. Review of Economics and Statistics, 61, 423–427.

Smith, V. Kerry (Ed.). (1979). Scarcity and Growth Reconsidered. Baltimore, MD: John Hopkins University Press.

Smith, V. Kerry. (1980). The evaluation of natural resource adequacy: Elusive quest or frontier of economic analysis? Land Economics, 56, 257–298.

Additional Resources

Chapter 9

Basta, E., & Colby, B. G. (2010). Water market trends: Transactions, quantities, and prices. Appraisal Journal, 78(1), 50–66.

Bennett, Lynne Lewis. (2000). The integration of water quality into transboundary allocation agreements: Lessons from the Southwestern United States. Agricultural Economics, 24, 113–125.

Brookshire, David S., Colby, Bonnie, Ewers, Mary, & Ganderton, Philip T. (2004). Market prices for water in the semiarid west of the United States. Water Resources Research, 40, 1–9.

Dinar, Ariel, Doukkali, Richard, Roe, Terry, & Yacov, Tsur. (2004). Pricing methods and their properties, from PRICING IRRIGATION WATER PRINCIPLES AND CASES FROM DEVELOPING COUNTRIES. Copyright © 2004 by Ariel Dinar, Richard Doukkali, Terry Roe, and Tsur Yacov. Published by Resources for the Future Press. Reprinted with permission of Taylor & Francis.

Espey, M., Espey, J. & Shaw, W. D. (1997). Price elasticity of residential demand for water: A meta-analysis. Water Resources Research, 33, 1369–1374.

Frederick, Kenneth. (1989). Water resource management and the environment: The role of economic incentives. In Renewable Natural Resources: Economic Incentives for Improved Management. Paris: Organisation for Economic Cooperation and Development.

Gleick, Peter (Ed.). (1993). Water in Crisis: A Guide to the World's Freshwater Resources. Oxford: Oxford University Press.

Gleick, Peter. (2006). The World’s Water 2006–2007: The Biennial Report on Freshwater Resources. Washington, D.C.: Island Press.

Hanneman, W. Michael. (1998). Price and rate structures. In D. D. Baumann, J. J. Boland, and W. M. Hanneman (Eds.), Urban Water Demand Management and Planning. Burr Ridge, IL: McGraw-Hill.

Hascic, Ivan, & Wu, JunJie. (2006). Land use and watershed health in the United States. Land Economics. 82, 214–239.

Howe, Charles W. (1986). Project benefits and costs from national and regional viewpoints: Methodological issues and case study of the Colorado-Big Thompson Project. Natural Resources Journal, 26, 5–20.

Howitt, Richard E. (1994). Empirical analysis of water market institutions: The 1991 California water market. Resource and Energy Economics, 16 (4), 357–371.

Howitt, Richard E. (1998). Spot prices, option prices and water markets: An analysis of emerging markets in California. In K. William Easter, M. W. Rosegrant, & Ariel Dinar (Eds.), Markets for Water: Potential and Performance. New York: Springer, 119–140.

Hutson, Susan, Barber, Nancy, Kenney, Joan, Linsey, Kristen, Lumia, Deborah, & Maupin, Molly. (2004). Estimated Use of Water in the United States in 2000. U.S. Geological Survey Circular 1268. Washington, DC: U.S. Department of the Interior.

Israel, Morris, & Lund, Jay R. (1995). Recent California water transfers: Implications for water management. Natural Resources Journal, 35 (1), 1–32.

Jones, L., & Colby, B. (2010). Weather, climate, and environmental water transactions. Weather, Climate, and Society, 2 (3), 210–223.

Kenney, Doug, Nania, Julie, Callian, Logan, Dittman, Brandon, Judkins, Sarah, Guarina, Julia, Burns, Henri, Scanlon, Mark, & Hach, Cori. (June 2013). Cross-Boundary Water Transfers in the Colorado River Basin: A Review of Efforts and Issues Associated with Marketing Water Across State Lines or Reservation Boundaries. Colorado River Governance Initiative.

Lavelle and Gross 2013

Lewis, Lynne Y., Bohlen, Curtis, & Wilson, Sarah. (2008). Dams, dam removal and river restoration. Contemporary Economic Policy, 26 (2), 175–186.

Loaiciga, Hugo A., & Renehan, Stephen. (1997). Municipal water use and water rates driven by severe drought: A case study. Journal of the American Water Resources Association, 33(6), 1313–1326.

Loftus, A. (2005). Free water as commodity: The paradoxes of Durban’s water service transformation in the age of commodity. In D. A. McDonald and G. Ruiters (Eds), Water Privatization in Southern Africa. London: Earthscan, 189–203.

National Water Commission. (2013). Australian Water Markets: Trends and Drivers 2007–08 to 2011–12. Available at: www.nwc.gov.au/__data/assets/pdf_file/0006/34872/Trends-and-Drivers-full-report.pdf

Olmstead, Sheila M., & Stavins, Robert. (2007). Managing Water Demand: Price vs. Non-Price Conservation Programs. Boston, MA: Pioneer Institute White Paper No. 39.

Raftelis Financial Consulting. (2003). 2002 Water and Wastewater Rate Survey. Boca Rotan, FL: CRC Press.

Reynaud, A. (2016). Assessing the impact of full cost recovery of water services on European households. Water Resources and Economics, 14, 65–78.

Rudolph, Meg. (July, 2001). Sinking of a titanic city. Geotimes. Available at: www.geotimes.org/july01/sinking_titanic_city.html

Steinbeck, John. (1939). The Grapes of Wrath. New York: Viking Press.

Tisdell, John G. (2011). Water markets in Australia: An experimental analysis of alternative market mechanisms. Agricultural and Resource Economics, 55, 500–517.

United Nations Educational, Scientific and Cultural Organization. (1999). World Water Resources at the Beginning of the 21st Century. Paris: United Nations Educational, Scientific and Cultural Organization.

United Nations Educational, Scientific and Cultural Organization. (2000). Water Use in the World: Present Situation/Future Needs. Paris: United Nations Educational, Scientific and Cultural Organization.

United Nations Environment Program. (2002). An Overview of the State of the World's Fresh and Marine Waters. Nairobi: United Nations Environment Program.

Ward, Robert, & Booker, James. (2003). Economic costs and benefits of instream flow protection for endangered species in an international basin. Journal of the American Water Resources Association, 39, 427–440.

World Bank. (2004). Regional Desalination Study for the Middle East, North Africa and Central Asia: Summary Note. World Bank: World Bank.

Yoo, J., Simonit, S., Kinzig, A. P., & Perrings, C. (2014). Estimating the price elasticity of residential water demand: The case of Phoenix, Arizona. Applied Economic Perspectives and Policy, 36(2), 333–350.

Zarnikau, J. (1994). Spot market pricing of water resources and efficient means of rationing water during scarcity. Resources and Energy, 16, 189–210.

Additional Resources

Chapter 10

Barbier, E. B. (1997). The economic determinants of land degradation in developing countries. Philosophical Transactions of the Royal Society: Biological Sciences, 352, 891–899.

Bruchfield, Marcy, Overman, Henry G., Puga, Diego, & Turner, Matthew A. (2006). Causes of sprawl: A portrait from space. Quarterly Journal of Economics, 121 (2), 587–633.

Carrión-Flores, Carmen, & Irwin, Elena G. (2004). Determinants of residential land-use conversion and sprawl at the rural–urban fringe. American Journal of Agricultural Economics, 86 (4), 889–904.

Casey, Frank, Vickerman, Sara, Hummon, Cheryl, & Taylor, Bruce. (2006). Incentives for Biodiversity Conservation: An Ecological and Economic Assessment. Washington, D.C.: Defenders of Wildlife.

Demsetz, Harold. (1967). Toward a theory of property rights. American Economic Review, 57, 347–359.

Irwin, Elena G., & Bockstael, Nancy E. (2007). The evolution of urban sprawl: Evidence of spatial heterogeneity and increasing land fragmentation. Proceedings of the National Academy of Sciences, 104 (52), 20672–20677.

Herriges, J., et. al. (2005). Living with hogs in Iowa: The impact of livestock facilities on rural residential property values. Land Economics, 81 (4), 530–545.

McConnell, V., Kopits, E., & Walls, M. (2006). Using markets for land preservation: Results of a TDR program. Journal of Environmental Planning and Management, 49 (5), 631–651.

McConnell, V., Walls, M., & Kopits, E. (2006). Zoning, TDRs and the density of development. Journal of Urban Economics, 59 (3), 440–457.

Motohiro Adachi & Patel, Kanak. (1999). Agricultural land conversion and inheritance tax in Japan. Review of Urban & Regional Development Studies, 11 (2), 127–140.

Salzman, James, & Ruhl, J. B. (2007). “No net loss”: Instrument choice in wetlands protection. In Jody Freeman and Charles D. Kolstad (Eds.), Moving to Markets in Environmental Protection: Lessons from Twenty Years of Experience. New York: Oxford University Press, 323–350.

Sundberg, J. O. (2006). Private provision of a public good: Land trust membership. Land Economics, 82(3), 353–366.

Additional Resources

Chapter 11

Berck, P. (1981). Optimal management of renewable resources with growing demand and stock externalities. Journal of Environmental Economics and Management, 8, 105–117.

Binswanger, H. (1991). Brazilian policies that encourage deforestation in the Amazon. World Development, 19, 821–829.

Caviglia-Harris, Jill. L. (2004). Household production and forest clearing: The role of farming in the development of the Amazon. Environment and Development Economics, 9, 181–202.

Chomitz, K. M., & Thomas, T. S. (2003). Determinants of land use in Amazonia: A fine-scale spatial analysis. American Journal of Agricultural Economics, 85 (4), 1016–1028.

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Johansson, Per-Olov. (1985). Economics of Forestry and Natural Resources. New York: Basil Blackwell.

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Additional Resources

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Additional Resources

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Additional Resources

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Additional Resources

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Bystrom, Olof. (1998). The nitrogen abatement cost in wetlands. Ecological Economics, 26, 321–331.

Carson, R. T., & Mitchell, R. C. (1993). The value of clean water: The public's willingness to pay for boatable, fishable, and swimable quality water. Water Resources Research, 29, 2445–2454.

Congressional Budget Office. (1985). Efficient Investments in Wastewater Treatment Plants. Washington, D.C.: U.S. Congress.

Ek, K., & Persson, L. (2016). The economics of the European Water Framework Directive –A retrospective remark focusing on Sweden. CERE Working Paper, 16.

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Freeman, A. Myrick, III. (1978). Air and water pollution policy. In Paul R. Portney (Ed.), Current Issues in U.S. Environmental Policy. Baltimore, MD: Johns Hopkins University Press, 12–67.

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Naysnerski, Wendy, & Tietenberg, Tom. (1992). Private enforcement of environmental law. Land Economics, 68, 28–48.

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Historically Significant References

Kneese, Allen V., & Bower, Blair T. (1968). Managing Water Quality: Economics, Technology, Institutions. Baltimore, MD: Johns Hopkins University Press.

Kneese, Allen V., & Schultze, Charles L. (1975). Pollution, Prices, and Public Policy. Washington, D.C.: Brookings Institution.

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Gianessi, Leonard P., & Peskin, Henry M. (1981). Analysis of national water pollution control policies, 2: Agricultural sediment control. Water Resources Research, 17, 803–821.

Gianessi, L. P., Peskin, H. M., & Wolff, Edward. (1979). The distributional effects of uniform air pollution policy in the United States. Quarterly Journal of Economics, 93, 281–301.

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Grigalunas, Thomas A., & Opaluch, James J. (1988). Assessing liability for damages under CERCLA: A new approach for providing incentives for pollution avoidance. Natural Resources Journal, 28, 509–533.

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Hamilton, James, T. (2006). Environmental equity and the siting of hazardous waste facilities in OECD countries. In Ysé Serret & Nick Johnstone (Eds.), The Distributional Effects of Environmental Policy. Cheltenham, U.K.: Edward Elgar, Chapter 7.

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Harrington, Winston. (1981). The Distribution of Recreational Benefits from Improved Water Quality: A Micro-Simulation, Discussion Paper D-80. Washington, D.C.: Resources for the Future.

Harrison, David, Jr. (1975). Who Pays for Clean Air? The Cost and Benefit Distribution of Automobile Emission Standards. Cambridge, MA: Ballinger.

Hughes, John S., Magat, Wesley A., & Ricks, William A. (1986). The economic consequences of the OSHA cotton dust standards: An analysis of stock price behavior. The Journal of Law and Economics, 29, 29–59.

Johnson, Gary V., & Ulen, Thomas S. (1986). Designing public policy toward hazardous wastes: The role of administrative regulations and legal liability rules. American Journal of Agricultural Economics, 68, 1266–1271.

Kahn, Matthew E. (2001). The beneficiaries of Clean Air Act regulation. Regulation, 24, 34–38.

Khanna, M., Quimio, W. R. H., & Bojilova, D. (1998). Toxics release information: A policy tool for environmental protection. Journal of Environmental Economics and Management, 36(3), 243–266.

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Lave, Lester B. (Ed.). (1982). Quantitative Risk Assessment in Regulation. Washington, D.C.: Brookings Institution.

Leone, Robert A., & Jackson, John J. (1977). The political economy of federal regulatory activity. In Gary Fromm (Ed.), Studies in Public Regulation. Cambridge, MA: MIT Press, 231–271.

Maloney, Michael T., & Brady, Gordon L. (1988). Capital turnover and marketable pollution rights. Journal of Law and Economics, 31, 203–226.

Maloney, Michael T., & McCormick, Robert E. (1982). A positive theory of environmental quality regulation. The Journal of Law and Economics, 25, 99–123.

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Morgenstern, Richard D., Pizer, William, & Shih, Jhih-Shyang. (2002). Jobs versus the environment: An industry-level perspective. Journal of Environmental Economics and Management, 43, 412–436.

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Pashigian, B. Peter. (1984). The effects of environmental regulation on optimal plant size and factor shares. The Journal of Law and Economics, 28, 1–28.

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Additional Resources

Chapter 20

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