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We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...
Persistent link: https://www.econbiz.de/10012387514
The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative … biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological … and external effects of management effort on biodiversity; and (iii) the welfare loss due to free-riding may decrease or …
Persistent link: https://www.econbiz.de/10010468970
In the European Union (EU) periurban agriculture is under the same agri-environmental policy regime designed for general agriculture. We argue that the specific needs of periurban agriculture may justify ad hoc agri-environmental policy measures. We present results from a Choice Experiment (CE)...
Persistent link: https://www.econbiz.de/10011957008
In the European Union (EU) periurban agriculture is under the same agri-environmental policy regime designed for general agriculture. We argue that the specific needs of periurban agriculture may justify ad hoc agri-environmental policy measures. We present results from a Choice Experiment (CE)...
Persistent link: https://www.econbiz.de/10011850266
The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative … biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological … management effort influence biodiversity; and (iii) the welfare loss due to free-riding may decrease or increase, depending on …
Persistent link: https://www.econbiz.de/10010265129
We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...
Persistent link: https://www.econbiz.de/10012425658
. -- Marine biodiversity ; fishery economics ; product differentiation …
Persistent link: https://www.econbiz.de/10009502928
Persistent link: https://www.econbiz.de/10001662505
Persistent link: https://www.econbiz.de/10001662509
Agro-biodiversity can provide natural insurance to risk averse farmers. We employ a conceptual ecological … implications for individually and socially optimal agro-ecosystem management and policy design when on-farm agro-biodiversity … access to financial insurance leads to lower agro-biodiversity, the effects on the market failure problem (due to the …
Persistent link: https://www.econbiz.de/10003530321