Sequential License Buyback Auctions: An Experimental Analysis

Fisheries managers use licenses as a method of capping the size of a fishing industry, but as management goals change and the size of fishery stocks fluctuate, managers may be faced with the decision to buy back licenses. The vast majority of economic literature on license buyback programs focuses on the changes to economic efficiency of the fleet, often citing changes to the composition of fleet size. However, managers have little guidance in deciding how to structure a buyback auction, despite the fact that the auction structure plays a key role in determining which licenses are retired and in the composition of the remaining fleet. With the Texas Park and Wildlife Department’s Inshore Shrimp License Buyback Program as a basis for auction design, this research uses three experimental treatments to analyze how individuals respond to various reverse auction structures. In terms of the quickest license expiration, our experiments suggest that fisheries managers should select a binding auction with no sequential quality. However, we find that managers would see higher average bids from fishers in comparison to the two sequential auctions. The results are also relevant to other environmental programs in which environmental services are purchased over time in a sequential reverse auction.Fisheries management, license buyback, reverse auction, Institutional and Behavioral Economics, Research and Development/Tech Change/Emerging Technologies, Research Methods/ Statistical Methods, Q22, Q28, C9,

ADDITIONALITY AND THE ADOPTION OF FARM CONSERVATION PRACTICES

Replaced with revised version of paper 07/20/11.Conservation programs, matching estimators, additionality, average treatment effects, Environmental Economics and Policy, Land Economics/Use,

Optimal Nitrogen Applications: A Stochastic Dynamic Model of Irrigated Corn in the Southern High Plains

Crop Production/Industries,

On the density-potential mapping in time-dependent density functional theory

The key questions of uniqueness and existence in time-dependent density functional theory are usually formulated only for potentials and densities that are analytic in time. Simple examples, standard in quantum mechanics, lead however to non-analyticities. We reformulate these questions in terms of a non-linear Schr\"odinger equation with a potential that depends non-locally on the wavefunction.Comment: 8 pages, 2 figure

The NASA Ames Research Center one- and two-dimensional stratospheric models. Part 2: The two-dimensional model

The two-dimensional model of stratospheric constituents is presented in detail. The derivation of pertinent transport parameters and the numerical solution of the species continuity equations, including a technique for treating the stiff differential equations that represent the chemical kinetic terms, and appropriate methods for simulating the diurnal variations of the solar zenith angle and species concentrations are discussed. Predicted distributions of tracer constituents (ozone, carbon 14, nitric acid) are compared with observed distributions

Imaging Soft Materials with Scanning Tunneling Microscopy

By modifying freeze-fracture replication, a standard electron microscopy fixation technique, for use with the scanning tunneling microscope (STM), a variety of soft, non-conductive biomaterials can be imaged at high resolution in three dimensions. Metal replicas make near ideal samples for STM in comparison to the original biological materials. Modifications include a 0.1 μm backing layer of silver and mounting the replicas on a fine-mesh silver filters to enhance the rigidity of the metal replica. This is required unless STM imaging is carried out in vacuum; otherwise, a liquid film of contamination physically connects the STM tip with the sample. This mechanical coupling leads to exaggerated height measurements; the enhanced rigidity of the thicker replica eliminates much of the height amplification. Further improvement was obtained by imaging in a dry nitrogen atmosphere. Calibration and reproducibility were tested with replicas of well characterized bilayers of cadmium arachidate on mica that provide regular 5.5 nm steps. We have used the STM/replica technique to examine the ripple shape and amplitude in the P/J. phase of dimyristoylpbospbatidyl-choline (DMPC) in water. STM images were analyzed using a cross-correlation averaging program to eliminate the effects of noise and the finite size and shapes of the metal grains that make up the replica. The correlation averaging allowed us to develop a composite ripple profile averaged over hundreds of individual ripples and different samples. The STM/replica technique is sufficiently general that it can be used to examine a variety of hydrated lipid and protein samples at a lateral resolution of about 1 nm and a vertical resolution of about 0.3 run

Environmental effects of SPS: The middle atmosphere

The heavy lift launch vehicle associated with the solar power satellite (SPS) would deposit in the upper atmosphere exhaust and reentry products which could modify the composition of the stratosphere, mesosphere, and lower ionosphere. In order to assess such effects, atmospheric model simulations were performed, especially considering a geographic zone centered at the launch and reentry latitudes