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Estimating the influence of U.S. ethanol policy on plant investment decisions: A real options analysis with two stochastic variables

Dates

Year
2011

Citation

Schmit, T.M. , J., Luo , and Conrad, J.M., 2011, Estimating the influence of U.S. ethanol policy on plant investment decisions: A real options analysis with two stochastic variables: Energy Economics, v. 33, iss. 6, 12 p.

Summary

The cumulative effects problem in natural resource management and land use planning stems from the difficulty of demonstrating that while each single land use change results in a negligible impact, the accumulation of these individual changes over time and within a landscape or region may constitute a major impact. This paper details a general approach to estimate the cumulative effects of land use change on wildlife habitat using Summit County, CO, USA as a case study. Our approach is based on a functional relationship between effect on habitat and distance from development. Within this building-effect distance, habitat is assumed to be degraded, producing a disturbance zone. We sum the total area within the disturbance zone and track [...]

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Communities

  • Western Energy Citation Clearinghouse

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Additional Information

Identifiers

Type Scheme Key
DOI WECC []
ISSN WECC 0140-9883

Citation Extension

citationTypeJournal Article
journalEnergy Economics
parts
typePages
value12
typeVolume
value33
typeIssue
value6

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