The following paper suggests that an important evaluation problem in developing countries is assessing the value and optimal use of environmental resources as inputs into production. Essentially, this amounts to determining the best use of land, water and other resources. The paper outlines the simple methodology behind the general evaluation approach, e.g. ensuring the most efficient use of a ...

We analyze a situation where individuals and coalitions can obtain effective property rights over a resource by means of an exclusion contest. Coalitions face a trade-off when they decide to incorporate new members: Big groups control the resource more likely but individual property rights are more diluted. Under cooperative explotation of the resource the grand coalition is the efficient parti...

A country with a surplus river basin cooperates with a country with a deficit river basin in a joint investment project to build a water canal. The benefits from the existence of the canal are realized when cooperation halts and countries will have the opportunity to engage in a non-cooperative water market game. We define an imputation distribution procedure to share the “burden” from cooperat...

A 34 year time series (1972–2006) of Landsat imagery for a portion of Snohomish and King Counties, Washington (the Snohomish Water Resource Inventory Area (WRIA)) was analyzed to estimate the amount of land that was converted into impervious surface as a result of urban and residential development. Spectral unmixing was used to determine the fractional composition of vegetation, open, and shado...

The relationship between inventory investment and the real interest rate has been difficult to assess empirically. Recent work has proposed a linear-quadratic inventory model with time-varying discount factor to identify the effects of real interest rate on inventory investment. The authors show that this framework does not separately identify the effects of real interest rate on inventory inve...

Abstract Objective: Many organizations use the ABC classification method to control their large amount of inventories. The most common way to classify inventories is the ABC method. In traditional ABC classification, items are only classified according to one criteria. But there are other criteria that need to be considered in the inventory classification. The purpose of this study is to prese...

The present paper thoroughly explores second-best efficient allocations in an adverse selection insurance economy. We start from a natural extension of the classical model, assuming less than perfect risk perceptions. We propose first and second welfare theorems, by means of which we describe efficiencyenhancing policies. Notions of weak and strong adverse selection are promising for interpreti...

Rapid economic growth along with carelessness related to environmental problems have caused adverse impacts on nature and civilization as a whole. The effects include temperature changes increased climactic disasters. To minimize the negative of climate change reduce future emissions, several governments announced charges for greenhouse gas emissions. However, these present extra operational co...

The intent of this report is to provide the reader with infor­ mation useful for establishing a sewer system inventory and record system in his or her city. The major topic of this report is the collection of data relevant to storm sewers. However, because of the natural progression of Muncie’s inventory, emphasis will be given to the collection of data for sanitary and combination sewers. The ...