The agriculture of the Texas High Plains (THP) region is primarily dependent on groundwater irrigation. Changing weather patterns along with competing demands for water resources and other anthropogenic effects have dramatically increased withdrawals from the Ogallala aquifer. In addition to on-farm changes, policy tools based on off-farm mechanisms are equally indispensable in addressing sustainable groundwater use in the THP...

Forest owners face many challenges regarding forest management due to the long period from planting to harvest. Along with the economic and environmental factors that influence management actions, the owners' attitude to risk plays a crucial role in forest management decisions. This study shows that understanding the effects of the owner's risk preference for management actions is an important step to form an effective forest...