We address the problem of pricing contingent claims written on electricity. The special feature of this paper is to consider contract pricing within a market for power producing plants. Calculating equilibrium prices for this market, we obtain a valuation for electricity contingent claims which is fair in the sense that arbitrage is excluded for capacity and claim trading.

since the promenades allocate the part of the country's revenues, therefore, attention to its valuation is very important. springs in desert area are the most prominent of natural landscapes. more study in country investigates recreational value using double– bounded dichotomous choice. but in this study, single-bounded dichotomous choice has been used because of this approach is more like...

health and safety are important factors in today’s life. most of studies show that consuming the chicken that has anti biotic caused different diseases like digestive vessel cancer. attention to controlled use of antibiotics can play a key role in society health which considered in the production of green chicken. planning for increasing the production of mentioned chicken needs the investigati...

abstract amusement programming, accomplishing ecological and/or environmental plans, in addition to establishing recreational centers, are of the important issues in regional and large-scale management of each country. herein, lack of financial resources to establish amusement areas, has led the natural resource management system to valuate such resources based upon new scientific methods. meas...

Choice experiments, a stated preference valuation method, are proposed as a tool to assign monetary values to environmental externalities during the ex-ante stages of environmental impact assessment. This case study looks at the impacts of the Costa Rican Institute of Electricity’s Toro 3 hydroelectric project and its affects on the Recreo Verde tourism center in San Carlos, Costa Rica. Compare...