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Full-Text Articles in Economics

Three Essays On Defending Common-Pool Resources, Lawrence Geest Nov 2017

Three Essays On Defending Common-Pool Resources, Lawrence Geest

Doctoral Dissertations

% !TEX root = ../degeest2017dissertation.tex Environmental protection often relies on cooperation between individuals in uncoordinated groups. In cases such as the management of common-pool resources, individuals must not only monitor and enforce behavior within their group to prevent over-exploitation. They must also contend with external threats on the resource like poaching. This dissertation studies how individuals cooperate to manage shared resources and deter shared threats. The first chapter, "Deterring poaching of a common-pool resource", considers the problem of deterring a threat that cannot be perfectly observed. I present results from common pool resource experiments designed to examine the ability of …


Analysis Of A Market For Tradable Credits, Policy Uncertainty Effects On Investment Decisions, And The Potential To Supply A Renewable Aviation Fuel Industry With An Experimental Industrial Oilseed, Evan Lawrence Markel May 2017

Analysis Of A Market For Tradable Credits, Policy Uncertainty Effects On Investment Decisions, And The Potential To Supply A Renewable Aviation Fuel Industry With An Experimental Industrial Oilseed, Evan Lawrence Markel

Doctoral Dissertations

This research is aligned with identifying barriers throughout the alternative jet-fuel supply chain. Prices are analyzed in the market for tradable credits known as renewable identification numbers (RINs). The RIN market is a key policy instrument used in the implementation of the renewable fuel standard (RFS). The program is highly complex and drivers of RIN price are not always clear. RIN prices also exhibit multiple regimes where the price of nested RINs converge. Therefore, a smooth transition autoregressive model is employed to examine drivers of RIN price and to identify drivers of price regime change. Through research in the RIN …