UHERO
Water Resources
Financing Watershed Conservation
In November 2011, Governor Abercrombie and State officials launched a watershed protection plan entitled, “The Rain Follows the Forest”. The initiative’s goal is to double the…
The Economics of Groundwater
We provide synthesis of the economics of groundwater with a focus on optimal management and the Pearce equation for renewable resources. General management principles developed through…
Economic Analysis of the Proposed Rule to Prevent Arrival of New Genetic Strains of the Rust Fungus Puccinia psidii in Hawai‘i
Since its first documented introduction to Hawai‘i in 2005, the rust fungus P. psidii has already severely damaged Syzygium jambos (Indian rose apple) trees and the federallyendangered Eugenia koolauensis (nioi). Fortunately,…
Ordering the extraction of renewable resources: The case of multiple aquifers
We provide conditions for optimal use of multiple sources of a renewable resource and characterize the resulting extraction sequence, resource scarcity values, and (single) efficiency…
Islands of Sustainability in Time and Space
We review the economics perspective on sustainable resource use and sustainable development. Under standard conditions, dynamic efficiency leads to sustainability of renewable resources but not…
Efficient Management of Coastal Marine Nutrient Loads with Multiple Sources of Abatement Instruments
Pollution management based on marginal abatement costs is optimal only if those abatement costs are specified correctly. Using the example of nitrogen pollution in groundwater,…
Ordering Renewable Resources: Groundwater, Recycling, and Desalination
In this paper, we consider the role that wastewater recycling plays in the optimal extraction of groundwater, a renewable resource. We develop a two-sector dynamic…
Ordering Renewables: Groundwater, Recycling and Desalination
Optimal recycling of minerals can be thought of as an integral part of the theory of the mine. In this paper, we consider the role…
Publication: Optimal Management of a Hawaiian Coastal Aquifer with Nearshore Marine Ecological Interactions
We optimize groundwater management in the presence of marine consequences of submarine groundwater discharge (SGD). Concern for marine biota increases the optimal steady-state head level…