The Effects of Utility Revenue Decoupling on Electricity Prices
Revenue decoupling (RD) is a regulatory mechanism that allows adjustments of retail electricity rates for the regulated utility to recover its required revenue despite fluctuations
Revenue decoupling (RD) is a regulatory mechanism that allows adjustments of retail electricity rates for the regulated utility to recover its required revenue despite fluctuations
Increasing returns to scale is the basis for many powerful results in economics and economic geography. But the limitations of assumptions about returns to scale
Many US cities have made large investments in light rail transit in order to improve commuting networks. I analyse the labour market effects of light
I develop a weekly coincident index of economic activity in the State of Hawaii. The purpose of the index is to nowcast the recovery from
Global sea level rise is a known consequence of climate change. As predictions of sea level rise have grown in magnitude and certainty, coastal real
Many North American jurisdictions have legalized the operation of recreational marijuana dispensaries. A common concern is that dispensaries may contribute to local crime. Identifying the
Cycling to work is uncommon in most areas of the US, but relatively common in a particular set of metros and neighbourhoods. Explanations for this spatial
Abstract: Traffic fatalities in the US have been rising among pedestrians even as they fall among motorists. Contemporaneously, the US has undergone a significant shift
Many homes in Hawai‘i use cesspools and other on-site disposal systems (OSDS) instead of the municipal sewer system. Because bills combine water and waste-water services,
The effect that climate change will have on water resource sustainability is gaining international interest, particularly in regions where stocks are strained due to changing
RESEARCH PAPERS ARE PRELIMINARY MATERIALS CIRCULATED TO STIMULATE DISCUSSION AND CRITICAL COMMENT. THE VIEWS EXPRESSED ARE THOSE OF THE INDIVIDUAL AUTHORS. WHILE RESEARCH PAPERS BENEFIT
We consider the prospects for sustainable growth using expected utility models of optimal investment under threat from natural disasters. Adoption of a continuous time, stochastic
The goal of this report is to summarize how neighborhood housing price appreciation can impact quality of life beyond individual level impacts (see Love and
In Gallup’s annual well-being index, Hawaii occupied the #1 spot among US states for six out of the past 10 years (slipping to #3 in
This paper examines the economic implications of the Jones Act, which is a 1920 U.S. cabotage law that restricts domestic waterborne shipments to American vessels.