The spatial distribution of agro-environmental policy benefits has important implications for the efficient allocation of management effort. The practical convenience of relying on sample mean values of individual benefits for aggregation can come at the cost of biased aggregate estimates. The...

One economic tool that can aid in the achievement of waste minimisation targets is unit-pricing. Unit-pricing in the waste management sector refers to a pricing system that charges households for their collection and disposal service relative to the amount of waste disposed by the household....

This paper presents preliminary results from a hedonic price analysis of premium wines in New Zealand over the vintages 1994 – 2003. Implicit prices are presented for a sensory quality rating, as well as wine variety and regional reputation. Results show that the price premium associated with...

This research studies the effects on income and employment when externally imposed policies constrain use of common forest resources. Using a mixed-integer linear programming model, the study examines the impacts of conservation-oriented community forest policies in Nepal on three household...

Benefit transfer (BT) is a pragmatic way of estimating values by transferring values from existing valuation studies to a target area of interest. BT using choice modeling (CM) is a potentially cost-effective method for valuing differences in improvements in environmental quality. After taking...

New Zealand marine fishing activities create many types of environmental externalities, which by law must be internalised. Selection of best internalisation instruments can be aided by following a hierarchical decision process, which first screens the universe of instruments against...

Oil and gas have been produced on the Norwegian continental shelf since 1971. Exploration rates, extraction rates, employment, expertise levels, exports of oil and gas have all increased many fold during 1971-­‐2013. The State has several roles in the Norwegian petroleum sector including...

Economics is an evolving and emerging field of study, so is the management of ecosystems. As such, this paper delineates the co-evolution of economic evaluation that reflects the various recognized ecosystem management approaches of anticipative, adaptive and capacitive ecosystem management....

Water projects are typically evaluated using benefit cost analysis. Ecosystem services are the direct and indirect benefits that people obtain from ecosystems. Many of these benefits are ignored in benefit cost analysis, because of the absence of markets and the limited information or...