This analysis breaks down the congestion levels experienced during specific parts of a wilderness canoe trip. By explicitly addressing the heterogeneity in preferences for congestion during a trip, we were able to determine the relative value canoeists place on solitude at different points of a...

Fires are an important and natural component of forest ecosystems that affect the timber value of forests, and thus optimal rotations. Fire also affects amenity values provided by forests. This analysis examines the relationships among forest fire risk, timber values, and amenity values in a...

Fires are an important and natural component of forest ecosystems that affect the timber value of forests, and thus optimal rotations. Fire also affects amenity values provided by forests. This analysis examines the relationships among forest fire risk, timber values, and amenity values in a...

An important consideration in managing fire-prone forests is the intertemporal impacts of forest fires. This analysis examines these impacts in a forest recreation setting by fitting a combined stated and revealed data set to explicitly model the effects of forest regrowth following a fire on...

We analyse efficiency problems of incentive-compatible contracts under moral hazard and/or adverse selection in the context of private resource management. The paper contributes to defining the regulatory role in creating an optimal information environment between regulator and private resource...

This paper derives the welfare loss to landowners from wildlife damages, which is not the same as the value of yield loss. The paper then estimates the welfare loss to Ontario landowners using willingness to tolerate losses as an indication of on-farm wildlife benefits. Results for Ontario...

We analyse efficiency problems of incentive-compatible contracts under moral hazard and/or adverse selection in the context of private resource management. The paper contributes to defining the regulatory role in creating an optimal information environment between regulator and private resource...

This paper derives the welfare loss to landowners from wildlife damage, which is not the same as the value of yield loss. The paper then estimates the welfare loss to Ontario landowners using willingness to tolerate losses as an indication of on-farm wildlife benefits. Results for Ontario...

This paper argues that policies based on economic instruments are preferable to command and control approaches for effectively protecting biological diversity. This is due to sources of inefficiencies because of informational asymmetries between the regulator and private land users. We propose a...

In this article, a numerical stochastic dynamic programming model (SDP) is developed to characterize the decision problem of a rancher operating on rangelands in northern Nevada that are affected by invasive annual grasses and wildfire. The model incorporates decisions about herd size management...