This article investigates how land-use regulations differentially influence suburban versus rural-residential development. Particular emphasis is placed on how both the provision of municipal services (e.g., sewer and water) and zoned maximum density constrain higher-density residential...

We explore the distributional consequences of various fee schemes and other policy programs to reduce overfishing in the gulf of Mexico recreational fishery. The econometric model allows the marginal utility of income to vary across three income groups. We find that flat fees have a strong...

Travel cost models are routinely used to assess the impact of policy changes on consumer’ s surplus. In this paper we show that when the policy change leads to a partial closure of the resource, then the standard use of consumer’ s surplus per trip can be inappropriate depending upon the...

Despite two decades of debate, there remains little consensus about what sustainability is, and how it should be achieved. Economists primarily portray sustainability as a macro-level concern, but there has been less attention on the implications of this social objective for policies related to...

Environmental economists have traditionally addressed the issue of choice under uncertainty by applying the expected utility hypothesis. When policymakers face a panel of experts with widely divergent beliefs, the problem may more accurately be described as a case of choice under pure...