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Robert Scott Farrow

Personal Details

First Name:Robert
Middle Name:Scott
Last Name:Farrow
Suffix:
RePEc Short-ID:pfa208
Terminal Degree:1983 School of Economic Sciences; Washington State University (from RePEc Genealogy)

Affiliation

Economics Department
University of Maryland-Baltimore County

Baltimore, Maryland (United States)
http://www.umbc.edu/economics/

: (410) 455-2160
(410) 455-1054
1000 Hilltop Circle, Baltimore, MD 21250
RePEc:edi:edumbus (more details at EDIRC)

Research output

as
Jump to: Working papers Articles Chapters Books

Working papers

  1. Scott Farrow, 2014. "Residual Risk Accounting: A Pilot Study of the Coastal Sector," UMBC Economics Department Working Papers 14-01, UMBC Department of Economics.
  2. Scott Farrow & Jackson Costa, 2013. "Slot Machine Payback Percentages: The Devil is in the Moment," UMBC Economics Department Working Papers 13-07, UMBC Department of Economics.
  3. Scott Farrow, 2013. "How (not) to Lie with Benefit-Cost Analysis," UMBC Economics Department Working Papers 13-04, UMBC Department of Economics.
  4. Scott Farrow, 2012. "Evaluating Central Regulatory Institutions with an Application to the U.S. Office of Information and Regulatory Affairs," UMBC Economics Department Working Papers 12-01, UMBC Department of Economics.
  5. Scott Farrow & Michael Scott, 2011. "Estimating The Ex-Ante Willingness to Pay for Flood Protection," UMBC Economics Department Working Papers 11-131, UMBC Department of Economics.
  6. Scott Farrow & Judith Shinogle, 2010. "Are There Net State Social Benefits or Costs from Legalizing Slot Machine Gambling?," UMBC Economics Department Working Papers 10-128, UMBC Department of Economics.
  7. Scott Farrow, 2009. "Incorporating Equity in Regulatory and Benefit-Cost Analysis Using Risk Based Preferences," UMBC Economics Department Working Papers 09-117, UMBC Department of Economics.
  8. Toman, Michael & Farrow, Scott, 1998. "Using Environmental Benefit-Cost Analysis to Improve Government Performance," Discussion Papers dp-99-11, Resources For the Future.

Articles

  1. Farrow, Scott, 2015. "Adding Value with Benefit-Cost Analysis: Forecasting Net Social Benefit from Impacts of Slot Machine Gambling in Maryland," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 6(02), pages 281-304, June.
  2. Scott Farrow, 2014. "Applied Welfare Economics: Cost-Benefit Analysis of Projects and Policies," Regional Studies, Taylor & Francis Journals, vol. 48(12), pages 2020-2021, December.
  3. Robert Scott Farrow & Jackson Costa, 2014. "Slot Machine Payback Percentages: The Devil is in the MomentS," Journal of Gambling Business and Economics, University of Buckingham Press, vol. 8(2), pages 55-71.
  4. Farrow Scott, 2013. "How (Not) to Lie with Benefit-Cost Analysis," The Economists' Voice, De Gruyter, vol. 10(1), pages 45-50, December.
  5. Farrow Scott & Larson Douglas M., 2012. "News and Social Cost: The Case of Oil Spills and Distant Viewers," Journal of Benefit-Cost Analysis, De Gruyter, vol. 3(4), pages 1-24, December.
  6. Farrow Scott & Viscusi W. Kip, 2011. "Towards Principles and Standards for the Benefit-Cost Analysis of Safety," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(3), pages 1-25, August.
  7. Haveman Robert H. & Farrow Scott, 2011. "Labor Expenditures and Benefit-Cost Accounting in Times of Unemployment," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(2), pages 1-9, April.
  8. Farrow Scott, 2010. "Introduction to Inaugural Issue," Journal of Benefit-Cost Analysis, De Gruyter, vol. 1(1), pages 1-3, July.
  9. Scott Farrow, 2007. "The Economics Of Homeland Security Expenditures: Foundational Expected Cost-Effectiveness Approaches," Contemporary Economic Policy, Western Economic Association International, vol. 25(1), pages 14-26, January.
  10. R. Scott Farrow & Martin T. Schultz & Pinar Celikkol & George L. Van Houtven, 2005. "Pollution Trading in Water Quality Limited Areas: Use of Benefits Assessment and Cost-Effective Trading Ratios," Land Economics, University of Wisconsin Press, vol. 81(2).
  11. Michael L. Dekay & Mitchell J. Small & Paul S. Fischbeck & R. Scott Farrow & Alison Cullen & Joseph B. Kadane & Lester B. Lave & M. Granger Morgan & Kazuhisa Takemura, 2002. "Risk-based decision analysis in support of precautionary policies," Journal of Risk Research, Taylor & Francis Journals, vol. 5(4), pages 391-417, October.
  12. Farrow, Scott, 2001. "Encountering the Past in Nature: Essays in Environmental History. Edited by Timo Myllyntaus and Mikko Saikku. Athens: Ohio University Press, 2001 (Revised Edition). Pp. xix, 166. $16.95, paper," The Journal of Economic History, Cambridge University Press, vol. 61(03), pages 868-869, September.
  13. Farrow, Scott & Morel, Benoit, 2001. "Continuation rights, precautionary principle, and global change," Risk, Decision and Policy, Cambridge University Press, vol. 6(03), pages 145-155, December.
  14. Farrow, Scott, 1999. "The duality of taxes and tradable permits: A survey with applications in Central and Eastern Europe," Environment and Development Economics, Cambridge University Press, vol. 4(04), pages 519-535, October.
  15. Farrow, Scott, 1998. "Environmental equity and sustainability: rejecting the Kaldor-Hicks criteria," Ecological Economics, Elsevier, vol. 27(2), pages 183-188, November.
  16. Farrow, Scott, 1996. "Marine protected areas: emerging economics," Marine Policy, Elsevier, vol. 20(6), pages 439-446, November.
  17. Farrow, Scott, 1995. "The dual political economy of taxes and tradable permits," Economics Letters, Elsevier, vol. 49(2), pages 217-220, August.
  18. Farrow, Scott, 1995. "Extinction and market forces: two case studies," Ecological Economics, Elsevier, vol. 13(2), pages 115-123, May.
  19. Farrow, Scott & Krautkraemer, Jeffrey A., 1991. "Economic indicators of resource scarcity: Comment," Journal of Environmental Economics and Management, Elsevier, vol. 21(2), pages 190-194, September.
  20. Farrow, Scott, 1991. "Does Analysis Matter? Economics and Planning in the Department of the Interior," The Review of Economics and Statistics, MIT Press, vol. 73(1), pages 172-176, February.
  21. Farrow, Scott & Krautkraemer, Jeffrey A., 1989. "Extraction at the intensive margin : Metal supply and grade selection in response to anticipated and unanticipated price changes," Resources and Energy, Elsevier, vol. 11(1), pages 1-21, March.
  22. Farrow, Scott, 1987. "Does area-wide offshore leasing decrease bonus revenues?," Resources Policy, Elsevier, vol. 13(4), pages 289-294, December.
  23. Farrow, Scott, 1987. "Lease delay rights : Market valued permits and offshore leasing," Resources Policy, Elsevier, vol. 13(2), pages 113-122, June.
  24. Farrow, Scott, 1985. "Testing the Efficiency of Extraction from a Stock Resource," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 452-487, June.

Chapters

  1. Scott Farrow, 2015. "A comparison of key benefit estimation issues for natural hazards and terrorism: ex ante/ex post valuation and endogenous risk," Chapters,in: Benefit–Cost Analyses for Security Policies, chapter 6, pages 140-154 Edward Elgar Publishing.
  2. Scott Farrow & W. Kip Viscusi, 2013. "Towards principles and standards for the benefit–cost analysis of safety," Chapters,in: Principles and Standards for Benefit–Cost Analysis, chapter 5, pages 172-193 Edward Elgar Publishing.

Books

  1. Scott O. Farrow & Richard Zerbe, Jr. (ed.), 2013. "Principles and Standards for Benefit–Cost Analysis," Books, Edward Elgar Publishing, number 15126.

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Scott Farrow, 2009. "Incorporating Equity in Regulatory and Benefit-Cost Analysis Using Risk Based Preferences," UMBC Economics Department Working Papers 09-117, UMBC Department of Economics.

    Cited by:

    1. Hammitt, James & Robinson, Lisa, 2010. "Behavioral Economics and the Conduct of Benefit-Cost Analysis: Towards Principles and Standards," LERNA Working Papers 11.02.336, LERNA, University of Toulouse.
    2. Loomis John B, 2011. "Incorporating Distributional Issues into Benefit Cost Analysis: Why, How, and Two Empirical Examples Using Non-market Valuation," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(1), pages 1-24, January.
    3. John B. Loomis, 2013. "Incorporating distributional issues into benefit–cost analysis: why, how, and two empirical examples using non-market valuation," Chapters,in: Principles and Standards for Benefit–Cost Analysis, chapter 9, pages 294-316 Edward Elgar Publishing.

Articles

  1. Farrow Scott & Viscusi W. Kip, 2011. "Towards Principles and Standards for the Benefit-Cost Analysis of Safety," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(3), pages 1-25, August.

    Cited by:

    1. Kip Viscusi, W. & Gayer, Ted, 2016. "Rational Benefit Assessment for an Irrational World: Toward a Behavioral Transfer Test," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 7(01), pages 69-91, March.
    2. Jones, Michael, 2017. "The Effect of Job Readiness Programs on Criminal Behavior," MPRA Paper 81908, University Library of Munich, Germany.
    3. Scott Farrow, 2013. "How (not) to Lie with Benefit-Cost Analysis," UMBC Economics Department Working Papers 13-04, UMBC Department of Economics.
    4. Burgess David F. & Zerbe Richard O., 2013. "The most appropriate discount rate," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(3), pages 391-400, December.

  2. Haveman Robert H. & Farrow Scott, 2011. "Labor Expenditures and Benefit-Cost Accounting in Times of Unemployment," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(2), pages 1-9, April.

    Cited by:

    1. Adam Rose, 2015. "Macroeconomic consequences of terrorist attacks: estimation for the analysis of policies and rules," Chapters,in: Benefit–Cost Analyses for Security Policies, chapter 8, pages 172-200 Edward Elgar Publishing.
    2. Vitaliano, Donald F., 2012. "An Empirical Estimate of the Labor Response Function for Benefit-Cost Analysis," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 3(03), pages 1-12, August.
    3. Timothy J. Bartik, 2014. "How Effects of Local Labor Demand Shocks Vary with Local Labor Market Conditions," Upjohn Working Papers and Journal Articles 14-202, W.E. Upjohn Institute for Employment Research.
    4. Laird, James J. & Mackie, Peter J., 2014. "Wider economic benefits of transport schemes in remote rural areas," Research in Transportation Economics, Elsevier, vol. 47(C), pages 92-102.
    5. Gillespie Rob & Kragt Marit E., 2012. "Accounting for Nonmarket Impacts in a Benefit-Cost Analysis of Underground Coal Mining in New South Wales, Australia," Journal of Benefit-Cost Analysis, De Gruyter, vol. 3(2), pages 1-29, May.
    6. Timothy J. Bartik, 2013. "Social Costs of Jobs Lost Due to Environmental Regulations," Upjohn Working Papers and Journal Articles 13-193, W.E. Upjohn Institute for Employment Research.

  3. Scott Farrow, 2007. "The Economics Of Homeland Security Expenditures: Foundational Expected Cost-Effectiveness Approaches," Contemporary Economic Policy, Western Economic Association International, vol. 25(1), pages 14-26, January.

    Cited by:

    1. Farrow Scott & Viscusi W. Kip, 2011. "Towards Principles and Standards for the Benefit-Cost Analysis of Safety," Journal of Benefit-Cost Analysis, De Gruyter, vol. 2(3), pages 1-25, August.
    2. Kevin Boyle & Sapna Kaul & Ali Hashemi & Xiaoshu Li, 2015. "Applicability of benefit transfers for evaluation of homeland security counterterrorism measures," Chapters,in: Benefit–Cost Analyses for Security Policies, chapter 10, pages 225-253 Edward Elgar Publishing.
    3. Scott Farrow & Stuart Shapiro, 2009. "The Benefit-Cost Analysis of Security Focused Regulations," UMBC Economics Department Working Papers 09-101, UMBC Department of Economics.
    4. Scott Farrow, 2015. "A comparison of key benefit estimation issues for natural hazards and terrorism: ex ante/ex post valuation and endogenous risk," Chapters,in: Benefit–Cost Analyses for Security Policies, chapter 6, pages 140-154 Edward Elgar Publishing.

  4. R. Scott Farrow & Martin T. Schultz & Pinar Celikkol & George L. Van Houtven, 2005. "Pollution Trading in Water Quality Limited Areas: Use of Benefits Assessment and Cost-Effective Trading Ratios," Land Economics, University of Wisconsin Press, vol. 81(2).

    Cited by:

    1. Muller Nicholas & Tong Daniel & Mendelsohn Robert, 2009. "Regulating NOx and SO2 Emissions in Atlanta," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(2), pages 1-32, March.
    2. Kailin Kroetz & James N. Sanchirico & Daniel K. Lew, 2015. "Efficiency Costs of Social Objectives in Tradable Permit Programs," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 2(3), pages 339-366.
    3. Arthur J. Caplan & Yuya Sasaki, 2009. "Sharing the Surplus Generated from Noncooperative Cost Sharing: The Case of Nonpoint Associations and Water Quality Trading," Working Papers 2009-09, Utah State University, Department of Economics.
    4. Muller, Nicholas Z., 2012. "The design of optimal climate policy with air pollution co-benefits," Resource and Energy Economics, Elsevier, vol. 34(4), pages 696-722.
    5. Suzi Kerr, 2013. "Managing Risks and Tradeoffs Using Water Markets," Working Papers 13_13, Motu Economic and Public Policy Research.
    6. Rong Zhou & Kathleen Segerson, 2016. "Individual vs. Collective Approaches to Fisheries Management," Marine Resource Economics, University of Chicago Press, vol. 31(2), pages 165-192.
    7. Nixon, Hilary & Saphores, Jean-Daniel, 2007. "Impacts of Motor Vehicle Operation on Water Quality in the United States - Clean-up Costs and Policies," University of California Transportation Center, Working Papers qt4bv8v8gj, University of California Transportation Center.
    8. Zajicek, Michael Nathan, 2013. "Water quality trading on the Minnesota River: Lessons learned from the Jordan Trading Program," Master's Theses 162278, University of Minnesota, Department of Applied Economics.
    9. Sheila M. Olmstead, 2010. "The Economics of Water Quality," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 4(1), pages 44-62, Winter.
    10. Xiaoyan Wang & Minggao Xue & Lu Xing, 2018. "Market-based pollution regulations with damages Varying across space: When the adoption of clean Technology is socially optimal," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 8(1), pages 1-5.
    11. Meredith Fowlie & Nicholas Muller, 2013. "Market-based Emissions Regulation When Damages Vary Across Sources: What Are the Gains from Differentiation?," NBER Working Papers 18801, National Bureau of Economic Research, Inc.
    12. Yusuke Kuwayama & Nicholas Brozović, 2017. "Optimal Management of Environmental Externalities with Time Lags and Uncertainty," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(3), pages 473-499, November.
    13. Boisvert, Richard N. & Poe, Gregory L. & Sado, Yukako, 2007. "Selected Economic Aspects of Water Quality Trading: A Primer and Interpretive Literature Review," EB Series 121835, Cornell University, Department of Applied Economics and Management.
    14. Holland, Stephen P. & Yates, Andrew J., 2015. "Optimal trading ratios for pollution permit markets," Journal of Public Economics, Elsevier, vol. 125(C), pages 16-27.
    15. Nicholas Z. Muller & Robert Mendelsohn, 2009. "Efficient Pollution Regulation: Getting the Prices Right," American Economic Review, American Economic Association, vol. 99(5), pages 1714-1739, December.
    16. James Boyce & Manuel Pastor, 2012. "Cooling the Planet, Clearing the Air: Climate Policy, Carbon Pricing, and Co-Benefits," Published Studies cooling_the_planet_sept20, Political Economy Research Institute, University of Massachusetts at Amherst.
    17. Karen Fisher-Vanden & Sheila Olmstead, 2013. "Moving Pollution Trading from Air to Water: Potential, Problems, and Prognosis," Journal of Economic Perspectives, American Economic Association, vol. 27(1), pages 147-172, Winter.
    18. Yates, Andrew J. & Doyle, Martin W. & Rigby, J.R. & Schnier, Kurt E., 2013. "Market power, private information, and the optimal scale of pollution permit markets with application to North Carolina's Neuse River," Resource and Energy Economics, Elsevier, vol. 35(3), pages 256-276.
    19. David C. Roberts & Christopher D. Clark & William M. Park & Burton C. English, 2008. "A Spatial Assessment of Possible Water Quality Trading Markets in Tennessee," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 30(4), pages 711-728.
    20. Werner Antweiler, 2017. "Emission trading for air pollution hot spots: getting the permit market right," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(1), pages 35-58, January.
    21. James Shortle & Richard D. Horan, 2013. "Policy Instruments for Water Quality Protection," Annual Review of Resource Economics, Annual Reviews, vol. 5(1), pages 111-138, June.
    22. James Shortle & Richard D. Horan, 2017. "Nutrient Pollution: A Wicked Challenge for Economic Instruments," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-39, April.

  5. Michael L. Dekay & Mitchell J. Small & Paul S. Fischbeck & R. Scott Farrow & Alison Cullen & Joseph B. Kadane & Lester B. Lave & M. Granger Morgan & Kazuhisa Takemura, 2002. "Risk-based decision analysis in support of precautionary policies," Journal of Risk Research, Taylor & Francis Journals, vol. 5(4), pages 391-417, October.

    Cited by:

    1. Anne van Aaken & Janis Antonovics & Jonathan B. Wiener, 2016. "The Tragedy of the Uncommons: On the Politics of Apocalypse," Global Policy, London School of Economics and Political Science, vol. 7, pages 67-80, May.

  6. Farrow, Scott & Morel, Benoit, 2001. "Continuation rights, precautionary principle, and global change," Risk, Decision and Policy, Cambridge University Press, vol. 6(03), pages 145-155, December.

    Cited by:

    1. Scott Farrow, 2007. "The Economics Of Homeland Security Expenditures: Foundational Expected Cost-Effectiveness Approaches," Contemporary Economic Policy, Western Economic Association International, vol. 25(1), pages 14-26, January.

  7. Farrow, Scott, 1999. "The duality of taxes and tradable permits: A survey with applications in Central and Eastern Europe," Environment and Development Economics, Cambridge University Press, vol. 4(04), pages 519-535, October.

    Cited by:

    1. Coria, Jessica & Sterner, Thomas, 2008. "Tradable Permits in Developing Countries: Evidence from Air Pollution in Santiago, Chile," Discussion Papers dp-08-51, Resources For the Future.
    2. John C. V. Pezzey, 2002. "EmissionTaxes and Tradable Permits: A Comparison of views on Long Run Efficiency," Economics and Environment Network Working Papers 0210, Australian National University, Economics and Environment Network.
    3. Klaiber, H. Allen & Smith, V. Kerry, 2012. "Developing General Equilibrium Benefit Analyses for Social Programs: An Introduction and Example," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 3(02), pages 1-52, May.
    4. R. Scott Farrow & Martin T. Schultz & Pinar Celikkol & George L. Van Houtven, 2005. "Pollution Trading in Water Quality Limited Areas: Use of Benefits Assessment and Cost-Effective Trading Ratios," Land Economics, University of Wisconsin Press, vol. 81(2).
    5. Goulder, Lawrence, 2002. "Mitigating the Adverse Impacts of CO2 Abatement Policies on Energy-Intensive Industries," Discussion Papers dp-02-22, Resources For the Future.
    6. Goulder, Lawrence H. & Hafstead, Marc A.C. & Dworsky, Michael, 2010. "Impacts of alternative emissions allowance allocation methods under a federal cap-and-trade program," Journal of Environmental Economics and Management, Elsevier, vol. 60(3), pages 161-181, November.
    7. Bovenberg, A. Lans & Goulder, Lawrence H. & Jacobsen, Mark R., 2008. "Costs of alternative environmental policy instruments in the presence of industry compensation requirements," Journal of Public Economics, Elsevier, vol. 92(5-6), pages 1236-1253, June.
    8. A. Lans Bovenberg & Lawrence H. Goulder, 2001. "Neutralizing the Adverse Industry Impacts of CO2 Abatement Policies: What Does It Cost?," NBER Chapters,in: Behavioral and Distributional Effects of Environmental Policy, pages 45-90 National Bureau of Economic Research, Inc.
    9. Bjertnæs, Geir H. & Fæhn, Taran, 2008. "Energy taxation in a small, open economy: Social efficiency gains versus industrial concerns," Energy Economics, Elsevier, vol. 30(4), pages 2050-2071, July.
    10. A. Lans Bovenberg & Lawrence H. Goulder & Derek J. Gurney, 2005. "Efficiency Costs of Meeting Industry-Distributional Constraints Under Environmental Permits and Taxes," RAND Journal of Economics, The RAND Corporation, vol. 36(4), pages 950-970, Winter.
    11. Krutilla, Kerry & Alexeev, Alexander, 2014. "The Political Transaction Costs and Uncertainties of Establishing Environmental Rights," Ecological Economics, Elsevier, vol. 107(C), pages 299-309.
    12. Dissou, Yazid, 2005. "Cost-effectiveness of the performance standard system to reduce CO2 emissions in Canada: a general equilibrium analysis," Resource and Energy Economics, Elsevier, vol. 27(3), pages 187-207, October.
    13. A. Lans Bovenberg & Lawrence H. Goulder & Mark R. Jacobsen, 2007. "Industry Compensation and the Costs of Alternative Environmental Policy Instruments," NBER Working Papers 13331, National Bureau of Economic Research, Inc.
    14. Alexeev, Alexander & Good, David H. & Krutilla, Kerry, 2016. "Environmental taxation and the double dividend in decentralized jurisdictions," Ecological Economics, Elsevier, vol. 122(C), pages 90-100.

  8. Farrow, Scott, 1998. "Environmental equity and sustainability: rejecting the Kaldor-Hicks criteria," Ecological Economics, Elsevier, vol. 27(2), pages 183-188, November.

    Cited by:

    1. Gunawardena, U.A.D. Prasanthi, 2010. "Inequalities and externalities of power sector: A case of Broadlands hydropower project in Sri Lanka," Energy Policy, Elsevier, vol. 38(2), pages 726-734, February.
    2. Lele, Sharachchandra & Srinivasan, Veena, 2013. "Disaggregated economic impact analysis incorporating ecological and social trade-offs and techno-institutional context: A case from the Western Ghats of India," Ecological Economics, Elsevier, vol. 91(C), pages 98-112.
    3. Claudia Kemfert & Richard S.J. Tol, 2001. "Equity, International Trade and Climate Policy," Working Papers FNU-5, Research unit Sustainability and Global Change, Hamburg University, revised Jan 2001.
    4. Richard S.J. Tol, 2006. "The Polluter Pays Principle And Cost-Benefit Analysis Of Climate Change: An Application Of Fund," Working Papers FNU-98, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2006.
    5. Richard L. Revesz & Robert Stavins, 2007. "Environmental Law and Policy," NBER Working Papers 13575, National Bureau of Economic Research, Inc.
    6. Scott Farrow, 2009. "Incorporating Equity in Regulatory and Benefit-Cost Analysis Using Risk Based Preferences," UMBC Economics Department Working Papers 09-117, UMBC Department of Economics.
    7. Tol, Richard S. J., 2001. "Equitable cost-benefit analysis of climate change policies," Ecological Economics, Elsevier, vol. 36(1), pages 71-85, January.
    8. Jian Zhang & Guishan Yang & Lijie Pu & Buzhuo Peng, 2014. "Trends and Spatial Distribution Characteristics of Sustainability in Eastern Anhui Province, China," Sustainability, MDPI, Open Access Journal, vol. 6(12), pages 1-17, November.
    9. Jiřina Jílková & Lenka Slavíková, 2009. "Ekonomie životního prostředí na rozcestí
      [Economics of the Environmental Protection on the Crossroad]
      ," Politická ekonomie, University of Economics, Prague, vol. 2009(5), pages 660-676.
    10. Qianlong Bie & Cansong Li & Shangyi Zhou, 2014. "Evaluation of the Effectiveness of Border Policies in Dehong Prefecture of Yunnan, China," Sustainability, MDPI, Open Access Journal, vol. 6(8), pages 1-16, August.
    11. Stavins, Robert & Wagner, Alexander & Wagner, Gernot, 2002. "Interpreting Sustainability in Economic Terms: Dynamic Efficiency Plus Intergenerational Equity," Discussion Papers dp-02-29, Resources For the Future.
    12. Abdul-Mohsen, Ashraf & Hitzhusen, Frederick J., 2006. "Environmental Injustice: An Ohio Case Study," 2006 Annual meeting, July 23-26, Long Beach, CA 21061, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

  9. Farrow, Scott, 1996. "Marine protected areas: emerging economics," Marine Policy, Elsevier, vol. 20(6), pages 439-446, November.

    Cited by:

    1. Grafton, R. Quentin & Kompas, Tom, 2005. "Uncertainty and the active adaptive management of marine reserves," Marine Policy, Elsevier, vol. 29(5), pages 471-479, September.
    2. Sanchirico, James, 2000. "Marine Protected Areas as Fishery Policy: A Discussion of the Potential Costs and Benefits," Discussion Papers dp-00-23-rev, Resources For the Future.
    3. Sanchirico, James & Wilen, James, 2000. "The Impacts of Marine Reserves on Limited-Entry Fisheries," Discussion Papers dp-00-34, Resources For the Future.
    4. Sanchirico, James & Cochran, Kathryn & Emerson , Peter, 2002. "Marine Protected Areas: Economic and Social Implications," Discussion Papers dp-02-26, Resources For the Future.
    5. Sanchirico, James N., 2005. "Additivity properties in metapopulation models: implications for the assessment of marine reserves," Journal of Environmental Economics and Management, Elsevier, vol. 49(1), pages 1-25, January.
    6. Imeson, R.J. & van den Bergh, J.C.J.M., 2006. "Policy failure and stakeholder dissatisfaction in complex ecosystem management: The case of the Dutch Wadden Sea shellfishery," Ecological Economics, Elsevier, vol. 56(4), pages 488-507, April.

  10. Farrow, Scott, 1995. "The dual political economy of taxes and tradable permits," Economics Letters, Elsevier, vol. 49(2), pages 217-220, August.

    Cited by:

    1. Jack Pezzey & Frank Jotzo, 2010. "Tax-Versus-Trading and Free Emission Shares as Issues for Climate Policy Design," Environmental Economics Research Hub Research Reports 1068, Environmental Economics Research Hub, Crawford School of Public Policy, The Australian National University.
    2. John C. V. Pezzey, 2002. "EmissionTaxes and Tradable Permits: A Comparison of views on Long Run Efficiency," Economics and Environment Network Working Papers 0210, Australian National University, Economics and Environment Network.
    3. Sterner, Thomas & Hoglund, Lena, 2000. "Output-Based Refunding of Emission Payments: Theory, Distribution of Costs, and International Experience," Discussion Papers dp-00-29, Resources For the Future.
    4. Krutilla Kerry & Alexeev Alexander, 2012. "The Normative Implications of Political Decision-Making for Benefit-Cost Analysis," Journal of Benefit-Cost Analysis, De Gruyter, vol. 3(2), pages 1-36, May.
    5. Kampas, Athanasios & White, Ben, 2003. "Selecting permit allocation rules for agricultural pollution control: a bargaining solution," Ecological Economics, Elsevier, vol. 47(2-3), pages 135-147, December.
    6. Wooders, M. & Zissimos, B., 2001. "The Efficiency, Equity and Politics of Emission Permit Trading," The Warwick Economics Research Paper Series (TWERPS) 586, University of Warwick, Department of Economics.
    7. Krutilla, Kerry & Alexeev, Alexander, 2014. "The Political Transaction Costs and Uncertainties of Establishing Environmental Rights," Ecological Economics, Elsevier, vol. 107(C), pages 299-309.
    8. Clifford S. Russell & Philip T. Powell, 1996. "Choosing Environmental Policy Tools: Theoretical Cautions and Practical Considerations," IDB Publications (Working Papers) 6219, Inter-American Development Bank.
    9. John C. V. Pezzey & Frank Jotzo, 2006. "Mechanisms for Abating Global Emissions Under Uncertainty," Economics and Environment Network Working Papers 0604, Australian National University, Economics and Environment Network.
    10. Edwards, T. Huw. & Hutton, John P., 2001. "Allocation of carbon permits within a country: a general equilibrium analysis of the United Kingdom," Energy Economics, Elsevier, vol. 23(4), pages 371-386, July.
    11. Pezzey, John C.V., 2001. "Distributing the Value of a Country’s Tradeable Carbon Permits," 2001 Conference (45th), January 23-25, 2001, Adelaide 125832, Australian Agricultural and Resource Economics Society.
    12. Pezzey, John C.V., 2006. "Neither the rock nor the hard place: using payment thresholds to balance the politics and the economics of emissions control," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139892, Australian Agricultural and Resource Economics Society.
    13. Li, Xu & Wu, Xiaole & Zhang, Fuqiang, 2015. "A method for analyzing pollution control policies: Application to SO2 emissions in China," Energy Economics, Elsevier, vol. 49(C), pages 451-459.
    14. Sterner, Thomas & Hoglund Isaksson, Lena, 2006. "Refunded emission payments theory, distribution of costs, and Swedish experience of NOx abatement," Ecological Economics, Elsevier, vol. 57(1), pages 93-106, April.
    15. Edwards, T. Huw & Hutton, John P., 1999. "The Allocation of Carbon Permits within One Country : A General Equilibrium Analysis of the United Kingdom," The Warwick Economics Research Paper Series (TWERPS) 540, University of Warwick, Department of Economics.
    16. Alexeev, Alexander & Good, David H. & Krutilla, Kerry, 2016. "Environmental taxation and the double dividend in decentralized jurisdictions," Ecological Economics, Elsevier, vol. 122(C), pages 90-100.

  11. Farrow, Scott, 1995. "Extinction and market forces: two case studies," Ecological Economics, Elsevier, vol. 13(2), pages 115-123, May.

    Cited by:

    1. Bulte, E.H., 2003. "Open access harvesting of wildlife : The poaching pit and conservation of endangered species," Other publications TiSEM 8c68c5f0-e72a-49bb-a44c-c, Tilburg University, School of Economics and Management.
    2. M. Scott Taylor, 2007. "Buffalo Hunt: International Trade and the Virtual Extinction of the North American Bison," NBER Working Papers 12969, National Bureau of Economic Research, Inc.
    3. Bulte, Erwin H. & van Kooten, G. Cornelis, 2001. "Harvesting and conserving a species when numbers are low: population viability and gambler's ruin in bioeconomic models," Ecological Economics, Elsevier, vol. 37(1), pages 87-100, April.
    4. Gowdy, John M. & Ferreri Carbonell, Ada, 1999. "Toward consilience between biology and economics: the contribution of Ecological Economics," Ecological Economics, Elsevier, vol. 29(3), pages 337-348, June.

  12. Farrow, Scott & Krautkraemer, Jeffrey A., 1989. "Extraction at the intensive margin : Metal supply and grade selection in response to anticipated and unanticipated price changes," Resources and Energy, Elsevier, vol. 11(1), pages 1-21, March.

    Cited by:

    1. Brett W. Jordan, 2016. "Behavior of multi-product mining firms," Working Papers 2016-08, Colorado School of Mines, Division of Economics and Business.
    2. Jordan, Brett W, 2017. "Companions and competitors: Joint metal-supply relationships in gold, silver, copper, lead and zinc mines," Resource and Energy Economics, Elsevier, vol. 49(C), pages 233-250.
    3. Shinkuma, Takayoshi, 2000. "A generalization of the Cairns-Krautkraemer model and the optimality of the mining rule," Resource and Energy Economics, Elsevier, vol. 22(2), pages 147-160, May.
    4. Shinkuma, Takayoshi & Nishiyama, Takashi, 2000. "The grade selection rule of the metal mines; an empirical study on copper mines," Resources Policy, Elsevier, vol. 26(1), pages 31-38, March.
    5. Cairns, Robert D. & Shinkuma, Takayoshi, 2003. "The choice of the cutoff grade in mining," Resources Policy, Elsevier, vol. 29(3-4), pages 75-81.
    6. Jeffrey A. Krautkraemer, 1998. "Nonrenewable Resource Scarcity," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 2065-2107, December.

  13. Farrow, Scott, 1987. "Lease delay rights : Market valued permits and offshore leasing," Resources Policy, Elsevier, vol. 13(2), pages 113-122, June.

    Cited by:

    1. Hahn, Robert & Passell, Peter, 2010. "The economics of allowing more U.S. oil drilling," Energy Economics, Elsevier, vol. 32(3), pages 638-650, May.

  14. Farrow, Scott, 1985. "Testing the Efficiency of Extraction from a Stock Resource," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 452-487, June.

    Cited by:

    1. Lee, Myunghun, 2007. "Measurement of the in situ value of exhaustible resources: An input distance function," Ecological Economics, Elsevier, vol. 62(3-4), pages 490-495, May.
    2. Slade, Margaret E., 2004. "Competing models of firm profitability," International Journal of Industrial Organization, Elsevier, vol. 22(3), pages 289-308, March.
    3. Gregory M. Ellis & Robert Halvorsen, 2002. "Estimation of Market Power in a Nonrenewable Resource Industry," Journal of Political Economy, University of Chicago Press, vol. 110(4), pages 883-899, August.
    4. Gary Koop & Lise Tole, 2008. "What is the environmental performance of firms overseas? An empirical investigation of the global gold mining industry," Journal of Productivity Analysis, Springer, vol. 30(2), pages 129-143, October.
    5. Ellerman, A.D. & Juan-Pablo Montero, 2002. "The Temporal Efficiency of SO2 Emissions Trading," Cambridge Working Papers in Economics 0231, Faculty of Economics, University of Cambridge.
    6. Livernois, J. & Thille, H. & Zhang, X., 2003. "A Test of the Hotelling Rule Using Old-Growth Timber Data," Working Papers 2003-4, University of Guelph, Department of Economics and Finance.
    7. Ronald H. Schmidt, 1988. "Hotelling's rule repealed? An examination of exhaustible resource pricing," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 41-54.
    8. Raúl Aníbal Feliz, 1992. "Tasa óptima de extracción de un recurso natural bajo incertidumbre," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 7(2), pages 265-269.
    9. Cees Withagen, 1998. "Untested Hypotheses in Non-Renewable Resource Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 623-634, April.
    10. Caputo, Michael R., 2011. "A nearly complete test of a capital accumulating, vertically integrated, nonrenewable resource extracting theory of a competitive firm," Resource and Energy Economics, Elsevier, vol. 33(3), pages 725-744, September.
    11. Frechette, Darren L., 1999. "Scarcity rents and the returns to mining," Resources Policy, Elsevier, vol. 25(1), pages 39-49, March.
    12. Jochen Güntner, 2017. "How do oil producers respond to giant oil field discoveries?," Economics working papers 2017-04, Department of Economics, Johannes Kepler University Linz, Austria.
    13. Lozada, Gabriel A., 1996. "Existence of equilibria in exhaustible resource industries Nonconvexities and discrete vs. continuous time," Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 433-444.
    14. Farzin, Y. H., 2001. "The impact of oil price on additions to US proven reserves," Resource and Energy Economics, Elsevier, vol. 23(3), pages 271-292, July.
    15. Blose, Laurence E. & Shieh, Joseph C. P., 1995. "The impact of gold price on the value of gold mining stock," Review of Financial Economics, Elsevier, vol. 4(2), pages 125-139.
    16. Young, Denise & Ryan, David L., 1996. "Empirical testing of a risk-adjusted Hotelling model," Resource and Energy Economics, Elsevier, vol. 18(3), pages 265-289, October.
    17. Erwin Bulte & Joost Pennings & Wim Heijman, 1996. "Futures markets, price stabilization and efficient exploitation of exhaustible resources," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 8(3), pages 351-366, October.
    18. van Veldhuizen, Roel & Sonnemans, Joep, 2014. "Nonrenewable resources, strategic behavior and the hotelling rule: An experiment," Discussion Papers, Research Unit: Market Behavior SP II 2014-203, Social Science Research Center Berlin (WZB).
    19. Holland, Stephen P., 2003. "Set-up costs and the existence of competitive equilibrium when extraction capacity is limited," Journal of Environmental Economics and Management, Elsevier, vol. 46(3), pages 539-556, November.
    20. Robert Cairns, 2001. "Capacity Choice and the Theory of the Mine," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(1), pages 129-148, January.
    21. Leighty, Wayne & Lin, C.-Y. Cynthia, 2012. "Tax policy can change the production path: A model of optimal oil extraction in Alaska," Energy Policy, Elsevier, vol. 41(C), pages 759-774.
    22. Robert Halvorsen & Tim R. Smith, 1991. "A Test of the Theory of Exhaustible Resources," The Quarterly Journal of Economics, Oxford University Press, vol. 106(1), pages 123-140.
    23. Considine, Timothy J. & Larson, Donald F., 2001. "Uncertainty and the convenience yield in crude oil price backwardations," Energy Economics, Elsevier, vol. 23(5), pages 533-548, September.
    24. Jeffrey A. Krautkraemer, 1998. "Nonrenewable Resource Scarcity," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 2065-2107, December.
    25. Santopietro, George D., 1998. "Alternative methods for estimating resource rent and depletion cost: the case of Argentina's YPF," Resources Policy, Elsevier, vol. 24(1), pages 39-48, March.
    26. Hart, Rob & Spiro, Daniel, 2011. "The elephant in Hotelling's room," Energy Policy, Elsevier, vol. 39(12), pages 7834-7838.
    27. Chermak, Janie M. & Patrick, Robert H., 2002. "Comparing tests of the theory of exhaustible resources," Resource and Energy Economics, Elsevier, vol. 24(4), pages 301-325, November.
    28. Fisher, Anthony C. & Karp, Larry, 1991. "Nonconvexity, Efficiency and Equilibrium in Exhaustible Resource Depletion," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9hr4w60m, Department of Agricultural & Resource Economics, UC Berkeley.
    29. Margaret E. Slade & Henry Thille, 2009. "Whither Hotelling: Tests of the Theory of Exhaustible Resources," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 239-259, September.
    30. Hartley, Peter & Medlock III, Kenneth B., 2008. "A model of the operation and development of a National Oil Company," Energy Economics, Elsevier, vol. 30(5), pages 2459-2485, September.
    31. Jung, Chulho & Krutilla, Kerry, 1998. "Aggregation bias in natural resource price composites: the forestry case," Resource and Energy Economics, Elsevier, vol. 20(1), pages 65-73, March.

Chapters

  1. Scott Farrow & W. Kip Viscusi, 2013. "Towards principles and standards for the benefit–cost analysis of safety," Chapters,in: Principles and Standards for Benefit–Cost Analysis, chapter 5, pages 172-193 Edward Elgar Publishing.
    See citations under working paper version above.Sorry, no citations of chapters recorded.

Books

  1. Scott O. Farrow & Richard Zerbe, Jr. (ed.), 2013. "Principles and Standards for Benefit–Cost Analysis," Books, Edward Elgar Publishing, number 15126.

    Cited by:

    1. Kip Viscusi, W. & Gayer, Ted, 2016. "Rational Benefit Assessment for an Irrational World: Toward a Behavioral Transfer Test," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 7(01), pages 69-91, March.
    2. Jones, Michael, 2017. "The Effect of Job Readiness Programs on Criminal Behavior," MPRA Paper 81908, University Library of Munich, Germany.
    3. Scott Farrow, 2013. "How (not) to Lie with Benefit-Cost Analysis," UMBC Economics Department Working Papers 13-04, UMBC Department of Economics.
    4. Burgess David F. & Zerbe Richard O., 2013. "The most appropriate discount rate," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(3), pages 391-400, December.

More information

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Statistics

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Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 6 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-ENV: Environmental Economics (1) 2006-01-24
  2. NEP-REG: Regulation (1) 2010-05-29

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