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This paper presents a spatially explicit trade-off analysis of species conservation in agricultural areas. A spatially explicit model is presented that integrates an applied metapopulation model with a farm management model. The model is used to calculate production possibilities frontiers of...
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For reducing greenhouse gas emissions, intensity targets are attracting interest as a flexible mechanism that would better allow for economic growth than emissions caps. For the same expected emissions, however, the economic responses to unexpected productivity shocks differ. Using a real...
Persistent link: https://www.econbiz.de/10010868994
The margin of safety (MOS) approach is an increasingly prevalent tool for ensuring the integrity of market-based programs for providing ecosystem services. Over-crediting is reduced by setting aside mean estimates of uncertain services in favor of a more conservative estimate. Like many...
Persistent link: https://www.econbiz.de/10011043123
We demonstrate a density projection approximation method for solving resource management problems with imperfect state information. The method expands the set of partially-observed Markov decision process (POMDP) problems that can be solved with standard dynamic programming tools by addressing...
Persistent link: https://www.econbiz.de/10011043130
This paper examines the implications of a binary action, binary outcome decision problem for estimating risk. We use data on the invasiveness of biological imports to develop the first comparison of two classical methods—maximum likelihood and Bayesian—against a third, the recently developed...
Persistent link: https://www.econbiz.de/10011009900
Managing the introduction of nonindigenous species is becoming a major goal of policy-makers at regional, national and international scales. Here we investigate, at the national level, the ideal design and expected net benefits of a risk assessment program for evaluating the desirability of...
Persistent link: https://www.econbiz.de/10009275224