Environmental Irreversibility and Uncertainty Relating to Resource Use in Agriculture
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.200446
Download full text from publisher
References listed on IDEAS
- A. Myrick Freeman III, 1985. "Supply Uncertainty, Option Price, and Option Value," Land Economics, University of Wisconsin Press, vol. 62(2), pages 176-181.
- Ben S. Bernanke, 1983.
"Irreversibility, Uncertainty, and Cyclical Investment,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(1), pages 85-106.
- Ben S. Bernanke, 1980. "Irreversibility, Uncertainty, and Cyclical Investment," NBER Working Papers 0502, National Bureau of Economic Research, Inc.
- Richard C. Bishop, 1982. "Option Value: An Exposition and Extension," Land Economics, University of Wisconsin Press, vol. 58(1), pages 1-15.
- Graham, Daniel A, 1981. "Cost-Benefit Analysis under Uncertainty," American Economic Review, American Economic Association, vol. 71(4), pages 715-725, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Coggins, Jay S. & Ramezani, Cyrus A., 1998. "An Arbitrage-Free Approach to Quasi-Option Value," Journal of Environmental Economics and Management, Elsevier, vol. 35(2), pages 103-125, March.
- Aric P. Shafran, 2014. "Equivalent Option Price With Supply Uncertainty," Bulletin of Economic Research, Wiley Blackwell, vol. 66(S1), pages 1-16, December.
- Graham-Tomasi, Ted, 1993. "Quasi-Option Value," Staff Paper Series 201173, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Coggins, Jay S. & Ramezani, Cyrus A., 1996. "AN ARBITRAGE-FREE APPROACH TO QUASI-OPTION VALUE; Proceedings of the Fifth Joint Conference on Agriculture, Food, and the Environment, June 17-18, 1996, Padova, Italy," Working Papers 14469, University of Minnesota, Center for International Food and Agricultural Policy.
- Graham-Tomasi, Theodore & Myers, Robert J., 1989. "On Supply Side Option Value," Staff Papers 13341, University of Minnesota, Department of Applied Economics.
- Hanemann, W. Michael, 1984. "On Reconciling Different Concepts of Option Value," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt81w7290x, Department of Agricultural & Resource Economics, UC Berkeley.
- Asafu-Adjaye, John & Adamowicz, Wiktor & Phillips, William, 1989. "Nonmarket Valuation under Uncertainty," Staff Paper Series 232438, University of Alberta, Department of Resource Economics and Environmental Sociology.
- Sun, Henglun & Bergstrom, John C. & Dorfman, Jeffrey H., 1992.
"Estimating the Benefits of Groundwater Contamination Control,"
Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 24(2), pages 63-71, December.
- Sun, Henglun & Bergstrom, John C. & Dorfman, Jeffrey H., 1992. "Estimating The Benefits Of Groundwater Contamination Control," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(2), pages 1-9, December.
- Hanemann, W. Michael, 1984.
"On Reconciling Different Concepts of Option Value,"
Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series
qt81w7290x, Department of Agricultural & Resource Economics, UC Berkeley.
- Hanemann, W. Michael, 1984. "On reconciling different concepts of option value," CUDARE Working Papers 6279, University of California, Berkeley, Department of Agricultural and Resource Economics.
- Graham-Tomasi, Theodore, 1985. "Uncertainty, Information, And Irreversible Investments," Staff Papers 14047, University of Minnesota, Department of Applied Economics.
- Chien, Yu-Lan & Larson, Douglas, 1991. "Measuring Supply-Side Option Price: Estimates for Preserving the Northern Spotted owl," WAEA/ WFEA Conference Archive (1929-1995) 321472, Western Agricultural Economics Association.
- Chavas, Jean-Paul, 1987. "On Risk Modeling And Its Implications For Economic Analysis," Regional Research Projects > 1987: S-180 Annual Meeting, March 22-25, 1987, San Antonio, Texas 272333, Regional Research Projects > S-180: An Economic Analysis of Risk Management Strategies for Agricultural Production Firms.
- Agricultural Economics Department, 1989. "Public Choices and Private Risks: The Role of Economic Analysis," 1989 Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk Meeting, April 9-12, 1989, Sanibel Island, Florida 271521, Regional Research Projects > S-232: Quantifying Long Run Agricultural Risks and Evaluating Farmer Responses to Risk.
- Revesz, Richard & Stavins, Robert, 2004.
"Environmental Law and Policy,"
Working Paper Series
rwp04-023, Harvard University, John F. Kennedy School of Government.
- Richard L. Revesz & Robert Stavins, 2007. "Environmental Law and Policy," NBER Working Papers 13575, National Bureau of Economic Research, Inc.
- Ronald Cummings & Glenn Harrison, 1995. "The measurement and decomposition of nonuse values: A critical review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(3), pages 225-247, April.
- Catherine Kling, 1993.
"An assessment of the empirical magnitude of option values for environment goods,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(5), pages 471-485, October.
- Kling, Catherine L., 1993. "Assessment of the Empirical Magnitude of Option Values for Environmental Goods (An)," Staff General Research Papers Archive 1576, Iowa State University, Department of Economics.
- Fisher, Anthony & Hanemann, W., 1986. "Information and the Dynamics of Environmental Protection: The Concept of the Critical Period," CUDARE Working Papers 198351, University of California, Berkeley, Department of Agricultural and Resource Economics.
- A. Myrick Freeman, 1989. "Ex Ante and Ex Post Values for Changes in Risks," Risk Analysis, John Wiley & Sons, vol. 9(3), pages 309-317, September.
- Boyle, Kevin J. & Bishop, Richard C., 1985. "The Total Value Of Wildlife: A Case Study Involving Endangered Species," 1985 Annual Meeting, August 4-7, Ames, Iowa 278711, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Oscar GutiƩrrez & Francisco Ruiz-Aliseda, 2011.
"Real options with unknown-date events,"
Annals of Finance, Springer, vol. 7(2), pages 171-198, May.
- Oscar Gutierrez Arnaiz & Francisco Ruiz-Aliseda, 2003. "Real Options with Unknown-Date Events," Discussion Papers 1378, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
More about this item
Keywords
Agribusiness; Environmental Economics and Policy;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:wisagr:200446. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dauwius.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.