In this paper a Methodology for Integrated Socio-Economic Assessment (MISEA) of the viability and sustainability of different designs of Multi-Use Offshore Platforms (MUOPs) is presented. MUOPs are designed for multi-use of ocean space for energy extraction (wind power production and wave...

A model is introduced for the description of natural resources price paths, which, in contrast to the existing literature, captures non-linear trends by means of a simple trigonometric function. This model is then compared by means of a set of model selection criteria with a quadratic trend...

While the financial world is experiencing a crisis, the prices of most agricultural commodities have remained high, although exhibiting extreme volatilidy. Motivated by evidence showing that volatility trends are present in agricultural commodity prices, we analyze stochastic processes whose...

The present study attempts to estimate the shadow price of unextracted groundwater in the Vozvozi aquifer. In the context of this study, we model the production function of vertically integrated agricultural firms in terms of an input-oriented distance function with multiple inputs. Duality...

This paper presents the results of a Choice Experiment (CE) conducted to estimate the values derived from a highway construction project in Greece. To account for preference heterogeneity conditional logit with interactions and random parameter logit models are estimated. The results indicate...

The broad economic notion of Ecosystem Services (ES) refers to the benefits that humans derive, directly or indirectly, from ecosystem functions. ES are directly related with Water Resources Management (WRM), as any catchment’s degradation is in fact a degradation of ES, and the opposite. The...

The Black Sea region faces pressures on ecosystem services (ES) due to invasive species, waste, eutrophication, and biodiversity loss. We apply a stated preference technique, i.e. a choice experiment (CE), aiming to compare three hypothetical scenarios regarding the welfare impact of ES on...

This paper introduces a machine learning (ML) based approach for integrating Human Security (HS) and Sustainable Development Goals (SDGs). Originating in the 1990s, HS focuses on strategic, people-centric interventions for ensuring comprehensive welfare and resilience. It closely aligns with the...

Multiple challenges have emerged over the last decades, threatening human, socio-economic and environmental systems. Climate change impacts, degradation of limited natural resources, unsustainable demand, production and consumption practices, diseases, crises in the energy, food and biodiversity...

Decarbonization of the energy system is a major challenge for today’s energy system to combat climate change. This challenge is addressed in the EU through different political strategies and plans such as the European Green Deal, Fit-for-55, and REPowerEU, which set specific emission reduction...