Showing 1 - 10 of 13
The NOAA Panel on contingent valuation (Arrow et al. 1993) recommends that the valuation question be cast under the form of a referendum because of incentive properties and familiarity to the respondent. Even though the literature has generally accepted the panel recommendation, it is not clear...
Persistent link: https://www.econbiz.de/10005748290
Persistent link: https://www.econbiz.de/10009396186
This paper presents an Agent-based LOcation Model (ABLOoM). ABLOoM simulates the location decisions of two main types of agents, namely households and firms. The model contains multiple interactions that are crucial in understanding land use changes, such as interactions of agents with other...
Persistent link: https://www.econbiz.de/10005518514
We present a new bilateral agent-based land market model, which moves beyond previous work by explicitly modeling behavioral drivers of land-market transactions on both the buyer and seller side; formation of bid prices (of buyers) and ask prices (of sellers); and the relative division of the...
Persistent link: https://www.econbiz.de/10005481569
This study describes the mismatch between required knowledge and efforts by scientists and stakeholders in the Lake Naivasha basin, Kenya. In the basin, integrated water resources management (IWRM) suffers from the absence of critically relevant knowledge. This study further presents a spatial...
Persistent link: https://www.econbiz.de/10010953017
"Heterogeneity in both the spatial environment and economic agents is a crucial driver of land market dynamics. We present an agent-based land market model where land from agriculture use is transferred into urban. The model combines the microeconomic demand, supply, and bidding foundations of...
Persistent link: https://www.econbiz.de/10008479993
This paper develops a unifying framework for spatial and environmental economics, based on equilibrium considerations for population games. The main contribution of this paper consists of introducing a consistent concept for spatial welfare. Following the introduction of estimable locational...
Persistent link: https://www.econbiz.de/10005225375
Persistent link: https://www.econbiz.de/10005539890
Uncertainty in forest planning is a prevailing problem affecting decision-making processes, especially those relating to climate change adaptation. Limited knowledge about uncertainty has prompted this empirical investigation of forest planners' understanding of uncertainty related to its...
Persistent link: https://www.econbiz.de/10010743929
Persistent link: https://www.econbiz.de/10005817267