An individual choice model of energy mix

Article Abstract:

An approach is proposed to address conditions where the probability of observing zero expenditures on some form of energy is not equal to zero. The approach involves establishment of parameter restrictions that assure consistency of the cost minimizing model and its relationship to a generalized tobit model. It decomposes the choice of energy mix into to two segments, namely qualitative preference and quantitative decision.

Research, Management, Energy industries, Energy industry, Energy economics, Cost control

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Polluting non-renewable resources, innovation and growth: welfare and environmental policy

Article Abstract:

A study examining the effect of pollution from usage of non-renewable resources on growth models and innovations is presented. The effects of environmental, welfare and tax policies on the usage of the said resources and the growth model are also analyzed.

France, Public affairs, Taxes, Social aspects, Analysis, Taxation, Environmental aspects, Technological innovations, Sequences (Mathematics)

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When to drill? Trigger prices for the Arctic National Wildlife Refuge

Article Abstract:

A study using the real option theory, examines the price of crude oil for which the investment in field development and the loss of an amenity dividend, with respect to the drilling for oil in the Arctic National Wildlife Refuge (ANWR), is presented.

Commodity & service prices, Petroleum, Alaska, Business, Prices and rates, Discovery and exploration, Business models, Company pricing policy, Arctic National Wildlife Refuge, Alaska

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