Fish stocks can be considered as natural capital stocks providing harvestable fish. Fishing at low stock sizes means borrowing from the natural asset. While fishing a particular quantity generates immediate profits and income, an interest rate has to be paid in terms of foregone future fishing...

This paper addresses the management of multispecies fisheries, and suggests the use of restricted fishing policies as an interesting option for unassessed fisheries (as is the case within developing countries). Specifically, we consider a predator–prey system under two potential management...

The recent and rapid increase in elephant poaching has caused international alarm. A fixed-effects panel-data regression model was employed to identify possible causes of this upsurge. Ivory seizures were categorised as worked or raw. These categories were also divided into four weight classes...

The aim of this paper is to compare different environmental policies for cost-effective habitat conservation on agricultural lands, when the desired spatial pattern of reserves is a random mosaic. We use a spatially explicit mathematical programming model which studies the farmers' behavior as...

To investigate a potential relationship between financial and marine resource use decisions, we conducted a time preference experiment with 153 fishers and 197 SCUBA divers on Curaçao and Bonaire. The experiment was part of a socioeconomic survey wherein interviewees were asked about their...

Individual transferable quotas (ITQs) in multispecies fisheries create incentives for fishermen to avoid bycatch of species for which quota is scarce. However, when bycatch is highly uncertain, individual quota demand and prices may be volatile creating substantial financial risk for fishermen....

The use of economic incentives for biodiversity (mostly Compensation and Reward for Environmental Services including Payment for ES) has been widely supported in the past decades and became the main innovative policy tools for biodiversity conservation worldwide. These policy tools are often...

Using an incentive-compatible framed field experiment, we investigate whether consumers' food consumption is more eco-friendly when the information about a product's environmental impact is more easily accessible. Through an online survey, we identify a food label that is perceived to be the...

This article provides a thick description (Geertz, 1973) of sustainability economics. Baumgärtner and Quaas (2010a, b) have proposed as an alternative to ecological economics the new field of sustainability economics, which has triggered various replies. The purpose here is to order and to...

We examine the relationship between organic farming and subjective well-being or life satisfaction. Applying an ordered probit model to a sample of French farmers located in the Provence-Alpes-Côte d'Azur (PACA) area (Southeast), we find that organic farmers report higher levels of life...