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- Publications
- Influence
Federal discount rate policy, the shadow price of capital, and challenges for reforms
- Randolph M. Lyon
- Economics
- 1 March 1990
Abstract This paper addresses the problem of determining discount rate policies that are both consistent with basic economic principles and implementable given real-world constraints. The paper first… Expand
Alternative structures for water rights markets
- J. W. Eheart, Randolph M. Lyon
- Geology
- 1 August 1983
This paper examines the design of systems of marketable permits for water consumption from natural watercourses. The most important considerations for the work reported upon here are those associated… Expand
Equilibrium properties of auctions and alternative procedures for allocating transferable permits
- Randolph M. Lyon
- Economics
- 1 June 1986
Abstract This paper examines the equilibrium properties of a range of auctions and related procedures, placing emphasis on the types of procedures that are likely to be of special interest in… Expand