Note: Cover -- Title -- Copyright -- Half Title -- Original Title -- Original Copyright -- Contents -- Foreword -- Preface -- 1 INTRODUCTION -- Characteristics of the Supply Process -- The Dynamics of Supply -- Individual Versus Market Behavior -- 2 THE BASIC THEORY OF SUPPLY BEHAVIOR -- Extraction from a Fixed Reserve -- The r Percent Rule -- Development and Discovery of New Reserves -- Behavioral Implications and Ambiguities -- Concluding Remarks -- Appendix -- 3 JOINT PRODUCTS, EXTERNALITIES, AND TECHNICAL CHANGE -- Joint Products -- Common Property Externalities -- Technical Progress -- Concluding Remarks -- 4 UNCERTAINTY, EXPECTATIONS, AND SUPPLY BEHAVIOR -- Modeling Expectations and Decisions Under Uncertainty -- Effects of Uncertainty -- Rational Expectations in Linear Supply Models -- Comer Solutions and Certainty Equivalence Bias -- Concluding Remarks -- Appendix -- 5 AGGREGATE SUPPLY AND MARKET BEHAVIOR -- Heterogeneity and Aggregation Problems -- Market Interactions -- Rational Expectations Market Equilibrium -- Price and Output Controls -- Noncompetitive Markets -- Concluding Remarks -- 6 EMPIRICAL METHODS AND PROBLEMS -- Empirical Pitfalls and Their Implications -- Petroleum Supply Data -- Characteristics of Petroleum Supply Models -- Concluding Remarks -- 7 SUMMARY AND RESEARCH SUGGESTIONS -- Directions for Further Research -- Final Comment -- References -- Index.

Note: Cover -- Half Title -- Title Page -- Copyright Page -- Original Title Page -- Original Copyright Page -- Table of Contents -- LISTS OF FIGURES AND TABLES -- PREFACE -- 1 INTRODUCTION -- Scope of the Analysis -- The Plan of This Book -- 2 ANALYTICAL FRAMEWORK -- The Optimization Model -- Stochastic Sensitivity Analysis -- Data Preparation -- Cost of Power Imports -- Appendix: Additional Discussion of Demand Representation -- 3 SELECTION OF TECHNOLOGY OPTIONS -- Changing Power Plant Economics -- Design of the Technology Menu -- 4 INPUT PARAMETER DISTRIBUTIONS -- Demand -- Cost and Performance of New Capacity Investment -- Fuel Prices and Environmental Regulations -- Discount Rates -- Summary of Input Assumptions for the Sensitivity Analysis -- 5 FINDINGS FROM THE MODEL -- Technology Choice and Investment Size Under the New-Trade Regime -- Impacts of Different Power Trading Regimes -- Sensitivity Analysis -- Summary: Strengths and Weaknesses of the Model Results -- 6 ENVIRONMENTAL POLICY DESIGN AND TECHNOLOGY CHOICE -- Results from the Model -- 7 DIRECTIONS FOR FURTHER RESEARCH -- REFERENCES -- ABOUT THE AUTHORS.

Note: Cover -- Title -- Copyright -- Original Title -- Original Copyright -- Contents -- Preface and Acknowledgments -- Nonlinearities and Surprises in Climate Change: An Introduction and Overview -- Facts and Uncertainties of Climate Change -- Nonlinearities and Surprises in the Links of Farming to Climate or Weather -- What Are Nonlinear Responses at the Biome Level? -- The Importance of Nonlinearities in Global Warming Damage Costs -- Sorting Out Facts and Uncertainties in Economic Response to the Physical Effects of Global Climate Change -- Assessing Climate Change Risks: Valuation of Effects -- List of Contributors -- List of Workshop Participants.

Note: Cover -- Half Title -- Series Title -- Title -- Copyright -- Contents -- Acknowledgements -- Series Preface -- Introduction -- PART I CLIMATE CHANGE AND ITS IMPACTS -- 1 John Houghton (2001), 'The Science of Global Warming', Interdisciplinary Science Reviews, 26, pp. 247-57. -- 2 Brent Sohngen and Robert Mendelsohn (1998), 'Valuing the Impact of Large-Scale Ecological Change in a Market: The Effect of Climate Change on U.S. Timber', American Economic Review, 88, pp. 686-710. -- 3 Kenneth D. Frederick and David C. Major (1997), 'Climate Change and Water Resources', Climatic Change, 37, pp. 7-23. -- 4 Gary Yohe and Michael Schlesinger (2002), 'The Economic Geography of the Impacts of Climate Change', Journal of Economic Geography, 2, pp. 311-41. -- 5 Allan D. Brunner (2002), 'El Nino and World Primary Commodity Prices: Warm Water or Hot Air?', Review of Economics and Statistics, 84, pp. 176-83. -- 6 Robert Mendelsohn, William D. Nordhaus and Daigee Shaw (1994), 'The Impact of Global Warming on Agriculture: A Ricardian Analysis', American Economic Review, 84, pp. 753-71. -- 7 John Quiggin and John K. Horowitz (1999), 'The Impact of Global Warming on Agriculture: A Ricardian Analysis: Comment', American Economic Review, 89, pp. 1044-45. -- 8 Robert Mendelsohn and William Nordhaus (1999), 'The Impact of Global Warming on Agriculture: A Ricardian Analysis: Reply', American Economic Review, 89, pp. 1046-48. -- 9 Roy Darwin (1999), 'The Impact of Global Warming on Agriculture: A Ricardian Analysis: Comment', American Economic Review, 89, pp. 1049-52. -- 10 Robert Mendelsohn and William Nordhaus (1999), 'The Impact of Global Warming on Agriculture: A Ricardian Analysis: Reply', American Economic Review, 89, pp. 1053-55. -- PART II EVALUATING THE COSTS AND BENEFITS OF CLIMATE CHANGE MITIGATION. , 11 William D. Nordhaus (1993), 'Rolling the "DICE": An Optimal Transition Path for Controlling Greenhouse Gases', Resource and Energy Economics, 15, pp. 27-50. -- 12 Richard S.J. Tol (1999), 'The Marginal Costs of Greenhouse Gas Emissions', Energy Journal, 20, pp. 61-81. -- 13 Tim Roughgarden and Stephen H. Schneider (1999), 'Climate Change Policy: Quantifying Uncertainties for Damages and Optimal Carbon Taxes', Energy Policy, 27, pp. 415-29. -- 14 Lawrence H. Goulder and Koshy Mathai (2000), 'Optimal C02 Abatement in the Presence of Induced Technological Change', Journal of Environmental Economics and Management, 39, pp. 1-38. -- 15 Charles D. Kolstad (1996), 'Learning and Stock Effects in Environmental Regulation: The Case of Greenhouse Gas Emissions', Journal of Environmental Economics and Management, 31, pp. 1-18. -- 16 Christian Azar and Thomas Sterner (1996), 'Discounting and Distributional Considerations in the Context of Global Warming', Ecological Economics, 19, pp. 169-84. -- 17 Richard B. Howarth (2000), 'Climate Change and the Representative Agent', Environmental and Resource Economics, 15, pp. 135-48. -- 18 Thomas C. Schelling (1995), 'Intergenerational Discounting', Energy Policy, 23, pp. 395-401. -- 19 T.M.L. Wigley, R. Richels and J.A. Edmonds (1996), 'Economic and Environmental Choices in the Stabilization of Atmospheric C02 Concentrations', Nature, 379, pp. 240-43. -- 20 Zhongxiang Zhang (2000), 'Decoupling China's Carbon Emissions Increase from Economic Growth: An Economic Analysis and Policy Implications', World Development, 28, pp. 739-52. -- 21 Robert C. Hyman, John M. Reilly, Mustafa H. Babiker, Ardoin De Masin and Henry D. Jacoby (2003), 'Modeling N on-C02 Greenhouse Gas Abatement', Environmental Modeling and Assessment, 8, pp. 175-86. , 22 Richard G. Newell and Robert N. Stavins (2000), 'Climate Change and Forest Sinks: Factors Affecting the Costs of Carbon Sequestration', Journal of Environmental Economics and Management, 40, pp. 211-35. -- 23 Andrew J. Plantinga, Thomas Mauldin and Douglas J. Miller (1999), 'An Econometric Analysis of the Costs of Sequestering Carbon in Forests', American Journal of Agricultural Economics', 81, pp. 812-24. -- PART III POLICY DESIGN FOR GHG MITIGATION -- 24 Ian W.H. Parry and Roberton C. Williams III (1999), 'A Second-Best Evaluation of Eight Policy Instruments to Reduce Carbon Emissions', Resource and Energy Economics, 21, pp. 347-73. -- 25 William A. Pizer (2002), 'Combining Price and Quantity Controls to Mitigate Global Climate Change', Journal of Public Economics, 85, pp. 409-34. -- 26 Michael Grubb (1997), 'Technologies, Energy Systems and the Timing of C02 Emissions Abatement: An Overview of Economic Issues', Energy Policy, 25, pp. 159-72. -- 27 Adam B. Jaffe and Robert N. Stavins (1994), 'Energy-Efficiency Investments and Public Policy', Energy Journal, 15, pp. 43-65. -- 28 P.R. Shukla (1996), 'The Modelling of Policy Options for Greenhouse Gas Mitigation in India', Ambio, 25, pp. 240-48. -- 29 Scott Barrett (1998), 'Political Economy of the Kyoto Protocol', Oxford Review of Economic Policy, 14, pp. 20-39. -- 30 Adam Rose, Brandt Stevens, Jae Edmonds and Marshall Wise (1998),' International Equity and Differentiation in Global Warming Policy: An Application to Tradeable Emission Permits', Environmental and Resource Economics, 12, pp. 25-51. -- 31 Zili Yang (1999), 'Should the North Make Unilateral Technology Transfers to the South? North-South Cooperation and Conflicts in Responses to Global Climate Change', Resource and Energy Economics, 21, pp. 67-87. , 32 Mustafa Babiker, John M. Reilly and Henry D. Jacoby (2000), 'The Kyoto Protocol and Developing Countries', Energy Policy, 28, pp. 525-36. -- Name Index.