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Using the numerical technique of value iteration, this paper imposes several sustainability constraints on a simple multi-sector agroecosystem model, and provides analysis of the costs tradeoffs within and between generations. Results show that internalization of a stock externality is...
Persistent link: https://www.econbiz.de/10005525167
We analyze agent response to disparate payment schedules for protection of critical habitat units for the Seller sea lion in Alaska. The model allows for identification of implicit and explicit discount rates using information from a system of maximum likelihood equations. Testing is done using...
Persistent link: https://www.econbiz.de/10005460299
There is evidence that consumers are increasingly purchasing food directly from local producers, but little is understood about which market-specific, intrinsic, extrinsic, and demographic attributes influence the probability of preferring to purchase fresh produce through direct-market...
Persistent link: https://www.econbiz.de/10005469285
We develop and estimate an econometric model of the relationship between several local and global air and water pollutants and economic development while allowing for critical aspects of the socio-politicaleconomic regime of a State. We obtain empirical support for our hypothesis that democracy...
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We analyze willingness to pay (WTP) for environmental programs whose time periods of benefit and repayment differ, using a net present value framework that identifies parameters of both WTP and personal discount rates. Respondents to a contingent valuation survey focusing on protection of...
Persistent link: https://www.econbiz.de/10005067053
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