Unitization of Oil Reserves in Alaska and the Supply Elasticity of a Common Pool Resource
By Emily Bailey Unitization, a common but not omnipresent policy that is lauded in both the economics and environmental world for its efficiency, attempts to solve the “tragedy of the commons” common pool failure of oil production by creating a system in which all those with interests in one reserve produce jointly and split profits […]
After the Storm Impacts of natural disasters in the United States at the state and county level
By Danjie Fang Empirical research on the impact of natural disasters on economic growth has provided contradictory results and few studies have focused on the United States. In this thesis, I bridge the gap by examining the merits of existing claims on the relationship between natural disasters and growth at the states and county level […]
Understanding the Value of Amenities: A Study of the Land Value Determination Process in Hangzhou, China
By Ching-Ching Chen This paper seeks to investigate the determinants of land within Hangzhou China. There are two main goals that the research paper will attempt to address. The first is to build upon existing research on land pricing in terms of the theories outlined by the monocentric city and hedonic pricing models. Second, the […]
