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Chuck Gebben 2022-10-30 17:23:36 -06:00
parent aa3999b278
commit be09b449c3
7 changed files with 10 additions and 10 deletions
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2
Beamer/RG_Hedonic.tex
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@ -11,7 +11,7 @@
% TITLE PAGE
%----------------------------------------------------------------------------------------
\title[Locally Run Pigovian Taxes of Natural Resources]{Locally Run Pigovian Taxes of Natural Resources} % The short title appears at the bottom of every slide, the full title is only on the title page
\subtitle{Hedonic Analysis of Groundwater Instituional Change in San Luis Valley, Colorado}
\subtitle{Hedonic Analysis of Groundwater Institutional Change in San Luis Valley, Colorado}
\author[Alex Gebben] {Alexander Gebben}

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Bitcoin/Sections/Bitcoin_Incentives.tex
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@ -7,7 +7,7 @@
\begin{formal}
``The steady addition of a constant amount of new coins is analogous to gold miners expending resources to add gold to circulation. In our case, it is CPU time and electricity that is expended.''
\begin{list}{$-$}
\item{Satoshi Nakomoto}
\item{Satoshi Nakamoto}
\end{list}
\end{formal}

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Bitcoin/Sections/Key_Questions.tex
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\pause
\item How might producers respond in each region?
\begin{itemize}
\item{Econometric estimates state-basin level elasticty of supply}
\item{Econometric estimates state-basin level elasticity of supply}
\end{itemize}
\pause
\item How will consumer and producer welfare change?

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Bitcoin/Sections/Mining_Structure.tex
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@ -23,9 +23,9 @@
\newline
\(Revenue=\text{Total Reward}\cdot \frac{\text{Tickets Owned}}{\text{All Tickets}}\)
\newline
\(Costs=\text{Electricty used}\cdot\text{Price of Elctricty}\)
\(Costs=\text{Electricity used}\cdot\text{Price of Electricity}\)
\newline
\(\text{Tickets Owned}=f(\text{Computer Output},\text{Electricty Used})\)
\(\text{Tickets Owned}=f(\text{Computer Output},\text{Electricity Used})\)
\newline
\(\text{Total Reward}=\text{Mining Reward} + \text{User Fees}\)

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Bitcoin/Sections/Oil_Econometrics.tex
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Q_{O,b,t}=\beta_{1} Q_{O,b,t-1}+\beta_{2} P_{WTI,t-1}+\beta_{3} P_{HH,t-1}+\beta_{4}\theta_{t}+\gamma_{t,b}+\epsilon_{b,t}
\end{equation}
\end{block}
Where \(Q_{O,b,t}\) the net present oil produced in a basin state pair b, at time t, \(P_{WTI}\) is the West Texas International futures price, \(P_{HH}\) is the futures price of the Henery Hub spot market,\(\theta_{t}\) is a month dummy ,and \(\gamma_{b,t}\) is a variable that represents the amount of monitary damage from natural disasters.
Where \(Q_{O,b,t}\) the net present oil produced in a basin state pair b, at time t, \(P_{WTI}\) is the West Texas International futures price, \(P_{HH}\) is the futures price of the Henry Hub spot market,\(\theta_{t}\) is a month dummy ,and \(\gamma_{b,t}\) is a variable that represents the amount of monetary damage from natural disasters.
\textbf{2SLS is used, with instruments of :}
\begin{enumerate}

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Bitcoin/Sections/Oil_Structure.tex
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\begin{frame}{Oil and Gas Production }
\begin{block}{Well Profitablity Before Bitcoin Mining}
\begin{block}{Well Profitability Before Bitcoin Mining}
\begin{equation}
\pi_{w}=\int_{t=0}^{\infty}\left[e^{-rt}\left(P_{o,t}\cdot q_{o,t}+\theta_{GL}\cdot P_{g,t}\cdot q_{g,t}-C(t)\right)\right]dt
\end{equation}
\end{block}
Where \(P{t} \) is price of the oil (o) or gas (g) at time t, \(q_{t}\) is the volume of the product produced, C(t) is the cost function, and \(\theta_{GL}\) is a dummy that is one if a gas hookup line attached to the well.
\begin{block}{Well Profitablity Post Bitcoin Mining}
\begin{block}{Well Profitability Post Bitcoin Mining}
\begin{equation}
\pi_{w}=\int_{t=0}^{\infty}\left[e^{-rt}\left(P_{o,t}\cdot q_{o,t}+(\theta_{GL}\cdot P_{g,t}+\bm{\right|\theta_{GL}-1\left|\cdot P_{g,btc}})\cdot q_{g,t}-C(t)\right)\right]dt
\end{equation}

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Bitcoin/Sections/Reg_elas.tex
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Place Holder
\\
Regresion Equation
Regression Equation
\\
Regresion Table
Regression Table
\end{frame}