Optimal Design of Permit Markets with an Ex Ante Pollution Target, August 2006

In this paper, we examine the design of permit trading programs when the objective is to minimize the cost of achieving an ex ante pollution target, that is, one that is defined in expectation rather than an ex post deterministic value. We consider two potential sources of uncertainty, the presence of either of which can make our model appropriate: incomplete information on abatement costs and uncertain delivery coefficients. In such a setting, we find three distinct features that depart from the well-established results on permit trading: (1) the regulator’s information on firms’ abatement costs can matter; (2) the optimal permit cap is not necessarily equal to the ex ante pollution target; and (3) the optimal trading ratio is not necessarily equal to the delivery coefficient even when it is known with certainty. Intuitively, since the regulator is only required to meet a pollution target on average, she can set the trading ratio and total permit cap such that there will be more pollution when abatement costs are high and less pollution when abatement costs are low. Information on firms’ abatement costs is important in order for the regulator to induce the optimal alignment between pollution level and abatement costs.

A-1 Monthly Public Assistance Statistical Report Family Investment Program, August 2006

A-1 Monthly Public Assistance Statistical Report Family Investment Program August 2006

F-1 Food Assistance Program State Summary, August 2006

The Food Assistance Monthly Participation Report is a monthly summary of Food Assistance program participation, Statewide and for each Iowa county. Breakouts are reported for participants also in the FIP program, those only receiving Food Assistance, and those that are receiving economic assistance under other programs (primarily Medicaid). This report may also be known as the F-1 Report.

A-1A Supplemental Security Income Program, August 2006

A-1A Supplemental Security Income Program, August 2006

Pharmaceutical and Industrial Traits in Genetically Modified Crops: Co-existence with Conventional Agriculture, August 2006

This paper discusses the implications of using genetically modified crops to biomanufacture pharmaceuticals and industrial compounds from the perspective of their co-existence with conventional agriculture. Such plant-made pharmaceuticals and plantmade industrial products rely on exciting scientific and technological breakthroughs and promise new opportunities for the agricultural sector, but they also entail novel risks. The management of the externalities and of the possible unintended economic effects that arise in this context is critical and poses difficult questions for regulators.

Sunshine Advisory, August 2006

A Bulletin on Iowa Open Meetings and Public Records Laws By Attorney General Tom Miller

F-1, Food Stamp Program State Summary, August 2003

The Food Assistance Monthly Participation Report is a monthly summary of Food Assistance program participation, Statewide and for each Iowa county. Breakouts are reported for participants also in the FIP program, those only receiving Food Assistance, and those that are receiving economic assistance under other programs (primarily Medicaid). This report may also be known as the F-1 Report.

A-1 Monthly Public Assistance Statistical Report Family Investment Program, August 2002

Monthly Public Assistance Statistical Report Family Investment Program

A-1A Supplemental Security Income Program, August 2002

Monthly report from the Iowa Department of Human Services on income.

A-1A Supplemental Security Income Program, August 2003

Monthly report from the Iowa Department of Human Services on income.

G-1 Appeal Activity in the Public Assistance Programs, August 2002

Monthly report from the Iowa Department of Human Services

G-1 Appeal Activity in the Public Assistance Programs, August 2003

Monthly report from the Iowa Department of Human Services

A-7 Statistical Report On FIP Applications And Cases Discontinued, August 2002

Monthly statistical report on FIP by Iowa Department of Human Services

A-7 Statistical Report On FIP Applications And Cases Discontinued, August 2003

Monthly statistical report on FIP by Iowa Department of Human Services

A-1 Monthly Public Assistance Statistical Report Family Investment Program, August 2003

Monthly Public Assistance Statistical Report Family Investment Program