This paper provides a comprehensive analysis of Brander and Taylor's (1998) model and its descendants from the following perspectives: population growth, substitutability, innovation, capital accumulation, property rights and institutional designs, and modeling approach. This survey aims to...

This chapter documents a multi-disciplinary collaboration among a mathematical economist, an ecological economist, and a systems scientist to demonstrate the contributions of system dynamics (SD) to the advancement of dynamic modeling in ecological economics. Ecological economics is a...

This paper investigates ecological threshold and ecological economic threshold by developing an ecological economic model—an extension of a population–resource dynamics model developed by Brander and Taylor (1998). The model reflects three critical issues regarding an ecological economic...

In order to cope with the increasing scarcity of final dump sites for household wastes, the UK recently introduced an environmental policy targeted at the firms that produce and sell products that generate packaging wastes. This policy requires such businesses to hold predetermined numbers of...

Purpose – The purpose of this paper is to estimate survey-based values of the elasticity of marginal social valuation of income, an important welfare parameter in cost-benefit analysis. Design/methodology/approach – A model relating equity welfare weights to income is developed, and...