Recent ecological experiments suggest that theinterannual stability of ecosystem productivitymay be determined by the diversity of organismspresent in the system. We investigate whethersuch effects of biotic diversity on ecosystemstability may translate into economic valuesand possibly into an...

The primary evidence about the factors determining successful self-governance of common-pool resources (CPR) has come from case studies. More recently, this observational evidence has been complemented by insights from economic experiments. Here we advance a third approach in which the role of...

With rapid urban expansion and loss of open space, attractive local landscapes will continue to gain importance in location decisions and on political agendas. The present study reviews the evidence on the local economic role of landscape amenities from two major strands of empirical research,...