Predicted climate change is likely to increase beach erosion in the future, inducing higher costs of beach maintenance. Hence, additional funds for their protection will be required. We examine the willingness to pay (WTP) of beach visitors for preventing beach erosion in the form of daily beach...

Using data from an online survey of grocery store customers in Logan, Utah, we estimate willingness to pay (WTP) for continued use of plastic grocery bags, and willingness to accept (WTA) for switching to reusable grocery bags. We find evidence to suggest that, on average, individuals have a...

This study explores the relationship between self-reported well-being and recycling rates. The estimates are based on Britain using data from the British Household Panel Survey. The effects of recycling rates on individuals' happiness are estimated. Two approaches are followed. The first...

In many jurisdictions around the world there occurs a phenomenon that is not only unique but defies a simple explanation. This activity involves the private provision of a public good by individuals, acting in groups, in response to the illegal actions of other individuals. This private...

Participating in agri-environmental schemes (AES) induces transaction costs for farmers, originating from time and money spent on tasks related to participation. High transaction costs may inhibit scheme participation, which would endanger the environmental goals aspired. To date, farmers'...

The economic importance of the various attributes of dryland nature-based tourism in the Kgalagadi area is generally unknown, as is the distribution of benefits from such tourism. This study seeks to value selected attributes of nature-based tourism in the Kgalagadi area by applying the choice...

Current plans for US Gulf Coast wetland restoration assume that wetlands can save lives and property by reducing storm surges. However, there have been few economic valuations of this benefit for Gulf Coast wetlands. We develop a methodology for estimating the value of wetlands in reducing...

Voluntary carbon offsets allow individuals to neutralise the CO<inline-formula><inline-graphic xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="teep_a_842938_ilm0001.gif"/></inline-formula> emissions from their consumption. In a choice experiment among more than a thousand Swiss consumers, we analyse how the propensity to offset varies with consumption contexts and offset project attributes. The adopted latent class...

We study the informational efficiency of the European Emissions Trading Scheme, EU ETS market, by simulating the trading in this emerging market. If the market is efficient, profitable trading should only exist locally in time. We adopt the Timmermann and Granger (2004) definition of efficiency...

Consider a model for optimal timing of a policy measure which changes the emission rate, e.g. trading off the cost of reduction against the time-additive aggregate of environmental damage, the disutility from the pollutant stock <inline-formula><inline-graphic xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="teep_a_856353_ilm0001.gif"/></inline-formula> the infrastructure contributes to. Intuitively, the optimal timing...