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Browsing Center for Energy and Environmental Policy Research by Title

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  • Smith, James L. (MIT Center for Energy and Environmental Policy Research, 2010-08)
    Although economists have studied various indicators of resource scarcity (e.g., unit cost, resource rent, and market price), the phenomenon of “peaking” has largely been ignored due to its connection to non-economic theories ...
  • Adelman, Morris Albert (MIT Center for Energy and Environmental Policy Research, 1992)
    After 1973, oil consumption stagnated worldwide. Non-OPEC output increased, mostly in Alaska, Mexico, and the North Sea, but not because of the price rise. The cartel nations had to assume the whole burden of cutting back ...
  • Montero, Juan Pablo (MIT Center for Energy and Environmental Policy Research, 1997.)
    In this paper we explore the welfare implications of voluntary compliance within an emissions trading program and derive optimal permits allocations to affected and opti-in sources when the environmental regulator has ...
  • Pindyck, Robert S. (MIT Center for Energy and Environmental Policy Research, 2001)
    Because of the uncertainties and irreversibilities that are often inherent in environmental degradation, its prevention, and its economic consequences, environmental policy design can involve important problems of timing. ...
  • Abel, Andrew B. (MIT Center for Energy and Environmental Policy Research, 1995)
    Continuing rapid growth in U.S. gasoline consumption threatens to exacerbate environmental and congestion problems. We use flexible semiparametric and nonparametric methods to guide analysis of household gasoline consumption, ...
  • Smith, James L. (MIT Center for Energy and Environmental Policy Research, 2004)
    In various fields of economic endeavor, agents enjoy the option to ₃try, try again.₄ Failure in a particular pursuit often brings renewed effort to finally succeed. Many areas of R&D could be characterized in this fashion. ...
  • Herbelot, Olivier (MIT Center for Energy and Environmental Policy Research, 1994)
    This paper examines the use of contingent claim analysis to evaluate the option of retrofitting a coal gasifier on an existing gas-fired power plant in order to take advantage of changes in the relative prices of natural ...
  • Herbelot, Olivier (MIT Center for Energy and Environmental Policy Research, 1994)
    Standard discounted cash flow methods are not well suited to the valuation of investments whose characteristics can be modified by the decision-maker after the initial investment decision has been made (multistage decision ...
  • Carroll, John S.; Marcus, Alfred Allen; Perin, Constance (MIT Center for Energy and Environmental Policy Research, 1991)
    The Nuclear Power Plant Advisory Panel on Organizational Learning provides channels of communications between the management and organization research projects of the MIT International Program for Enhanced Nuclear Power ...
  • Carroll, John S.; Cebon, Peter (MIT Center for Energy and Environmental Policy Research, 1990)
    The explanation of aggregate and sectoral investment behavior has been one of the less successful endeavors in empirical economics. Existing econometric models have had little success in explaining or ...
  • Ellerman, A. Denny; Buchner, Barbara (MIT Center for Energy and Environmental Policy Research, 2006)
    This paper provides an initial analysis of the EU ETS based on the installation-level data for verified emissions and allowance allocations in the first trading year. Those data, released on May 15, 2006, and subsequent ...
  • Stoker, Thomas M. (MIT Center for Energy and Environmental Policy Research, 2000)
    We analyze labor productivity in coal mining in the United States using indices of productivity change associated with the concepts of panel data modeling. This approach is valuable when there is extensive heterogeneity ...
  • Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2005)
    This paper examines a number of issues associated with alternative analytical approaches for evaluating investments in electricity transmission infrastructure and alternative institutional arrangements to govern network ...
  • Greenstone, Michael; Looney, Adam (MIT CEEPR, 2012-02)
    Energy consumption is critical to economic growth and quality of life. America’s energy system, however, is malfunctioning. The status quo is characterized by a tilted playing field, where energy choices are based on the ...
  • Smith, James L. (MIT Center for Energy and Environmental Policy Research, 2003)
    This paper provides an overview of the principal economic methods employed to assess the value of petroleum properties. The difference between wellhead and in situ resource values is examined, as well as drawbacks inherent ...
  • Tabors, Richard D.; Monroe, Burt L. (MIT Center for Energy and Environmental Policy Research, 1991)
    The object of this paper is to identify strategies for the U.S. electric utility industry for reduction of both acid rain producing and global warming gases. The research used the EPRI Electric Generation Expansion Analysis ...
  • Laffont, Jean-Jacques; Tirole, Jean (MIT Center for Energy and Environmental Policy Research, 1989)
    Public decision makers are given a vague mandate to regulate industries. Restrictions on their instruments or scope of regulation affect their incentives to identify with interest groups and the effectiveness ...
  • Montero, Juan-Pablo (MIT Center for Energy and Environmental Policy Research, 2004)
    I study the advantages of pollution permit markets over traditional standard regulations when the regulator has incomplete information on firms₂ emissions and costs of production and abatement (e.g., air pollution in large ...
  • Nishimura, Naoto (MIT Center for Energy and Environmental Policy Research, 1999)
    Japan consumes a considerable amount of the world's energy, and it occupies an even more important position in the markets for internationally traded energy. Because sufficient domestic fossil-fuel reserves are not ...
  • Blitzer, Charles R. (MIT Center for Energy and Environmental Policy Research, 1990)
    This paper presents a methodology for analyzing the potential for reduction in carbon emissions through increased fuel efficiency and provides an illustration of the method. The methodology employed is a multisectoral, ...
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