AgEc 677 Reading schedule


Click HERE for citations of readings below.
  1. Jan 19 (Dr. G): Background lecture on water
  2. Jan 20 (Dr. G): Background lecture on water institutions; read last half of Chap 5
  3. Jan 21 (Dr. G): Background lecture on water institutions; look at Olmstead 2010

    Demand
  4. Jan 26 (Dr. G): Initiation re demand estimation including Shin 1985; read pp. 301-11 of chapter 9
  5. Jan 27 (students): Dalhuisen et al. 2003 and Olmstead 2009 (Hewitt&Hanneman as a resource)
  6. Jan 28 (students): Nataraj&Hanemann 2011 and demand est. part of Szabo 2015

    Pricing
  7. Feb 2 (Dr. G): Milly et al. 2008 (for kicks) and Griffin (2016) chap. 9
  8. Feb 4 (students): Grafton et al. 2014 and Macian-Sorribes et al. 2015

    Markets
  9. Feb 9 (Dr. G): Griffin (2016) chap. 8
  10. Feb 11 (students): Debaere et al. 2014 and Hughes Chap 6 2015

    term paper work week and Prelim Practice
  11. Feb 16 (submit 3-4 handwritten pages to Michele by 2:00): In today's water scarce regions, governments are progressively regulating ground water usage more tightly while users are arguing for more/greater permits in the face of falling supplies, rising water value, and uncertainty about aquifer stock and recharge quantities. One regulatory approach is to grant new permits as "staged permits" (SPs) that are allowed to grow over time if their exercise is not found to be "too harmful" to water availability for prior permits. See, for example, a Nevada case. Using appropriate economic theory in which your end goal(s) are explicitly stated and pursued, explain the ground water permitting problem and at least one economically efficient policy strategy. Can SPs be supportive of efficiency goals? What do you advise?

    Integrated Modeling
  12. Feb 23 (Dr. G): distributed mystery reading, 2016
  13. Feb 25 (students): McCarl et al. 1999, Erfani et al. 2014

    Risk
  14. Mar 1 (Dr. G): Griffin (2016) chap. 4, sections 4.0-4.3 & 4.9
  15. Mar 3 (students): Jeuland&Whittington 2014, Baisa et al. 2010


    March 10: term paper due