The spread of infectious disease among and between wild and domesticated animals has become a major problem worldwide. We analyze the socially optimal management of wildlife and livestock, including choices involving environmental habitat variables and on-farm biosecurity controls, when wildlife...

The topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being. These include nonrenewable resources, modeling of biological resources, conservation...

There is growing concern that trade, by connecting geographically isolated regions, unintentionally facilitates the spread of invasive pathogens and pests – forms of biological pollution that pose significant risks to ecosystem and human health. We use a bioeconomic framework to examine...

We review the bioeconomic and disease ecology literatures on managing the spread of infectious diseases among and between wild and domestic animals. Management recommendations derived from these two literatures are compared and shown to differ due to the way each treats human behaviors....

Current efforts to value ecosystem services have contributed little to the valuation of natural capital, suggesting that in practice “nature is capital” primarily serves as a metaphor. We provide a theoretically motivated approach for recovering natural capital prices that expands beyond...

Public policies intended to induce behavioral change, specifically incentives to reduce interpersonal contacts or to “social distance,” increasingly play a prominent role in public disease response strategies as governments plan for and respond to major epidemics. I compare social distancing...

We bridge the non-market microeconomic recreational demand and bioeconomic modeling literatures by constructing a dynamic model to guide optimal management of recreational fisheries. Our model incorporates multiple forms of angler heterogeneity and directly models feedbacks between policy...

Second-best management affects different agent types differently, and heterogeneity among agents may create instances when only second best management is feasible. Capital-theoretic bioeconomic modeling often has imposed representative agent assumptions that may not capture this heterogeneity....