ABSTRACT Two competing theories generally used, at least implicitly, to justify and analyze publi... more ABSTRACT Two competing theories generally used, at least implicitly, to justify and analyze public resource management are scientific management and pluralism. We briefly review these theories and compare them to the new resource economics, an emerging body of theory which revises resource economics by introducing concepts from Austrian economics, property rights theory, and public choice. We argue that the new resource economics is superior to these traditional theories and then present specific policy proposals for the national forests, wilderness areas, and the public grazing lands. We also criticize new resource economists for not clearly distinguishing ideology from science, for emphasizing efficiency as a criterion for policy analysis, and for lacking political strategies for implementing their proposals Copyright 1984 Western Economic Association International.
In 2004 Logan, Utah, saw the opportunity to place a turbine within the city's culinary water ... more In 2004 Logan, Utah, saw the opportunity to place a turbine within the city's culinary water system. The turbine would reduce excess water pressure and would generate clean, low-cost electricity for the city's residents. Federal funding was available, and the city qualified for a grant under the American Recovery and Reinvestment Act. Unfortunately, Logan City found that a complex and costly federal nexus of regulatory requirements must be met before any hydropower project can be licensed with the Federal Energy Regulatory Commission. This regulation drove up costs in terms of time and money and, as a result, Logan City is not planning to undertake any similar projects in the future. Other cities have had similar experiences to Logan's, and we briefly explore these as well. We find that regulation is likely deterring the development of small hydropower potential across the United States, and that reform is warranted.
This paper examines effects that alternative voting systems can have on electoral outcomes in mul... more This paper examines effects that alternative voting systems can have on electoral outcomes in multicandidate elections. Using ballots collected from a county Republican Party special election, we recount the votes using preference-based voting systems and compare the results to the special election outcome. Relative rankings of candidates change across vote counting rules and voting systems. Because candidates trade places depending on rules, there are strong strategic implications for candidates and for those establishing the rules.
ABSTRACT Two competing theories generally used, at least implicitly, to justify and analyze publi... more ABSTRACT Two competing theories generally used, at least implicitly, to justify and analyze public resource management are scientific management and pluralism. We briefly review these theories and compare them to the new resource economics, an emerging body of theory which revises resource economics by introducing concepts from Austrian economics, property rights theory, and public choice. We argue that the new resource economics is superior to these traditional theories and then present specific policy proposals for the national forests, wilderness areas, and the public grazing lands. We also criticize new resource economists for not clearly distinguishing ideology from science, for emphasizing efficiency as a criterion for policy analysis, and for lacking political strategies for implementing their proposals Copyright 1984 Western Economic Association International.
In 2004 Logan, Utah, saw the opportunity to place a turbine within the city's culinary water ... more In 2004 Logan, Utah, saw the opportunity to place a turbine within the city's culinary water system. The turbine would reduce excess water pressure and would generate clean, low-cost electricity for the city's residents. Federal funding was available, and the city qualified for a grant under the American Recovery and Reinvestment Act. Unfortunately, Logan City found that a complex and costly federal nexus of regulatory requirements must be met before any hydropower project can be licensed with the Federal Energy Regulatory Commission. This regulation drove up costs in terms of time and money and, as a result, Logan City is not planning to undertake any similar projects in the future. Other cities have had similar experiences to Logan's, and we briefly explore these as well. We find that regulation is likely deterring the development of small hydropower potential across the United States, and that reform is warranted.
This paper examines effects that alternative voting systems can have on electoral outcomes in mul... more This paper examines effects that alternative voting systems can have on electoral outcomes in multicandidate elections. Using ballots collected from a county Republican Party special election, we recount the votes using preference-based voting systems and compare the results to the special election outcome. Relative rankings of candidates change across vote counting rules and voting systems. Because candidates trade places depending on rules, there are strong strategic implications for candidates and for those establishing the rules.
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Papers by Randy Simmons