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Olmstead, Sheila M.

Overview
Works: 18 works in 51 publications in 1 language and 796 library holdings
Classifications: HC79.E5, 333
Publication Timeline
Key
Publications about Sheila M Olmstead
Publications by Sheila M Olmstead
Most widely held works by Sheila M Olmstead
Markets and the environment by Nathaniel O Keohane( Book )
7 editions published in 2007 in English and held by 636 libraries worldwide
"Markets and the Environment is an accessible yet comprehensive introduction to environmental economics. It examines the benefits and costs of environmental protection, markets and market failures, and natural resources as capital assets. With clear explanations of fundamental concepts, it offers students a broad understanding of a wide range of environmental issues and policy approaches."--BOOK JACKET
Comparing price and non-price approaches to urban water conservation by Sheila M Olmstead( file )
11 editions published in 2008 in English and held by 51 libraries worldwide
Urban water conservation is typically achieved through prescriptive regulations, including the rationing of water for particular uses and requirements for the installation of particular technologies. A significant shift has occurred in pollution control regulations toward market-based policies in recent decades. We offer an analysis of the relative merits of market-based and prescriptive approaches to water conservation, where prices have rarely been used to allocate scarce supplies. The analysis emphasizes the emerging theoretical and empirical evidence that using prices to manage water demand is more cost-effective than implementing non-price conservation programs, similar to results for pollution control in earlier decades. Price-based approaches also have advantages in terms of monitoring and enforcement. In terms of predictability and equity, neither policy instrument has an inherent advantage over the other. As in any policy context, political considerations are important
Water demand under alternative price structures by Sheila M Olmstead( file )
7 editions published in 2007 in English and held by 45 libraries worldwide
We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise-linear budget constraints imposed by increasing-block pricing. We develop a mathematical expression for the unconditional price elasticity of demand under increasing-block prices and compare conditional and unconditional elasticities analytically and empirically. We test the hypothesis that price elasticity may depend on price structure, beyond technical differences in elasticity concepts. Due to the possibility of endogenous utility price structure choice, observed differences in elasticity across price structures may be due either to a behavioral response to price structure, or to underlying heterogeneity among water utility service areas
The value of scarce water measuring the inefficiency of municipal regulations by Erin Mansur( file )
7 editions published in 2007 in English and held by 41 libraries worldwide
Rather than allowing water prices to reflect scarcity rents during periods of drought-induced excess demand, policy makers have mandated command-and-control approaches, like the curtailment of certain uses, primarily outdoor watering. Using unique panel data on residential end-uses of water, we examine the welfare implications of typical drought policies. Using price variation across and within markets, we identify end-use specific price elasticities. Our results suggest that current policies target water uses that households, themselves, are most willing to forgo. Nevertheless, we find that use restrictions have costly welfare implications, primarily due to household heterogeneity in willingness-to-pay for scarce water
An international architecture for the post-Kyoto era by Sheila M Olmstead( Book )
2 editions published in 2006 in English and held by 5 libraries worldwide
Do consumers react to the shape of supply? water demand under heterogeneous price structures by Sheila M Olmstead( Book )
2 editions published in 2005 in English and held by 4 libraries worldwide
Urban water pricing provides an opportunity to examine whether consumers react to the shape of supply functions. We carry out an empirical analysis of the influence of price and price structure on residential water demand, using the most price-diverse, detailed, household-level water demand data yet available for this purpose. We adapt the Hausman model of labor supply under progressive income taxation to estimate water demand under non-linear prices. Ours is the first analysis to address both the simultaneous determination of marginal price and water demand under block pricing and the possibility of endogenous price structures in the cross section. In order to examine the possiblity that consumers facing block prices are more price-responsive, all else equal, we test for price elasticity difference across price structures. We find that households facing block prices are more sensitive to price increases than households facing uniform marginal prices. Tests for endogenous price structures cannot rule out a behavioral response to the shape of supply, but suggest that observed differences in price elasticity under supply curves of varying shapes may result, in part, from underlying heterogeneity among utility service areas
Three Key Elements of Post-2012 International Climate Policy Architecture by Sheila M Olmstead( Computer File )
3 editions published in 2010 in English and held by 3 libraries worldwide
We describe three essential elements of an effective post-2012 international global climate policy architecture: a means to ensure that key industrialized and developing nations are involved in differentiated but meaningful ways; an emphasis on an extended time path of targets; and inclusion of flexible market-based policy instruments to keep costs down and facilitate international equity. This architecture is consistent with fundamental aspects of the science, economics, and politics of global climate change; addresses specific shortcomings of the Kyoto Protocol; and builds upon the foundation of the United Nations Framework Convention on Climate Change
Water supply and poor communities : what's price got to do with it ? by Sheila M Olmstead( Article )
2 editions published in 2003 in English and held by 2 libraries worldwide
Markets and the environment ( Map )
1 edition published in 2007 in English and held by 2 libraries worldwide
Do consumers react to the shape of supply? : Water demand under heterogeneous price structures ( Computer File )
1 edition published in 2005 in English and held by 1 library worldwide
An expanded three-part architecture for post-2012 international climate policy by Sheila M Olmstead( Computer File )
1 edition published in 2009 in English and held by 1 library worldwide
An international policy architecture for the post-Kyoto era by R. N Stavins( Book )
1 edition published in 2005 in English and held by 1 library worldwide
Comparing price and non-price approaches to urban water conservation ( Computer File )
1 edition published in 2008 in English and held by 1 library worldwide
The value of scare water : ineffienciency of municipal regulations by Erin Mansur( Book )
1 edition published in 2007 in English and held by 1 library worldwide
An international architecture for the post-Kyoto era ( Computer File )
1 edition published in 2006 in English and held by 1 library worldwide
Breakout : Personal transformations of women ex-offenders -- factors in social integration by Sheila M Olmstead( Archival Material )
1 edition published in 1994 in English and held by 1 library worldwide
Comparing price and non-price approaches to urban water conservation by Sheila M Olmstead( Archival Material )
1 edition published in 2008 in English and held by 0 libraries worldwide
Urban water conservation is typically achieved through prescriptive regulations, including the rationing of water for particular uses and requirements for the installation of particular technologies. A significant shift has occurred in pollution control regulations toward market-based policies in recent decades. We offer an analysis of the relative merits of market-based and prescriptive approaches to water conservation, where prices have rarely been used to allocate scarce supplies. The analysis emphasizes the emerging theoretical and empirical evidence that using prices to manage water demand is more cost-effective than implementing non-price conservation programs, similar to results for pollution control in earlier decades. Price-based approaches also have advantages in terms of monitoring and enforcement. In terms of predictability and equity, neither policy instrument has an inherent advantage over the other. As in any policy context, political considerations are important
Three key elements of post-2012 international climate policy architecture by Sheila M Olmstead( Archival Material )
1 edition published in 2010 in English and held by 0 libraries worldwide
We describe three essential elements of an effective post-2012 international global climate policy architecture: a means to ensure that key industrialized and developing nations are involved in differentiated but meaningful ways; an emphasis on an extended time path of targets; and inclusion of flexible market-based policy instruments to keep costs down and facilitate international equity. This architecture is consistent with fundamental aspects of the science, economics, and politics of global climate change; addresses specific shortcomings of the Kyoto Protocol; and builds upon the foundation of the United Nations Framework Convention on Climate Change
 
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Alternative Names
Olmstead, S. M.
Olmstead, Sheila
Languages
English (51)
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