Solid waste management in Puerto Rico : an assessment of environmental impacts and benefits

Municipal solid waste (MSW) management has been a challenging issue throughout history. Waste management options have evolved, but they can present distinct environmental impacts, such as the emission of greenhouse gases (GHG). This study quantified the environmental benefits (i.e., greenhouse gas emission and energy use reductions) of various MSW management plans proposed for Puerto Rico through the use of the Waste Reduction Model (WARM). The waste management initiative known as the “Base Case” was found to offer the most environmental benefits. Thus, higher benefits can be attained from the implementation of an integrated solid waste managementDepartment of Natural Resources and Environmental ManagementThesis (M.S.

Information Misweighting and Stock Recommendations

I provide evidence that analysts whose earnings forecast revisions showed signs of greater exaggeration in the past make recommendation changes that lead to lower abnormal returns than their peers. Interpreting stock recommendations as a forecast of future abnormal returns, I show that this evidence is consistent with the hypothesis that analysts who typically exaggerate or overstate the weight of their private information when issuing forecasts also do so when making recommendations. I also show that past earnings forecast provide incremental information about analysts' recommending behavior beyond that contained in past recommendations.Information misweighting; stock recommendations; earnings forecasts; financial analysts