Motivated by co-operational patterns of farmer societies in developing countries, I present a model of joint interaction between risk sharing against idiosyncratic shocks and co-operation over public investments reducing aggregate risk in presence of limited commitment constraints. The model is...

Strong sustainability, according to the common definition, requires that different natural and economic capital stocks be maintained as physical quantities separately. Yet, in a world of uncertainty this cannot be guaranteed. To therefore define strong sustainability under uncertainty in an...

This paper focuses on monitoring of landscapes downgrading in specific conditions of Arctic ecosystems with cold climate conditions (marshes, permafrost, high humidity and moisture). The paper has a special focus on spatiotemporal assessment of land cover types changes in using GIS answering...

Do transgenic crops cause agrobiodiversity erosion? We hypothesize that they increase productivity and reduce production risk and may therefore reduce farmer demand for on-farm varietal diversity, especially when only a few transgenic varieties are available. We also hypothesize that varietal...

Do transgenic crops cause agrobiodiversity erosion? We hypothesize that they increase productivity and reduce production risk and may therefore reduce farmer demand for on-farm varietal diversity, especially when only a few transgenic varieties are available. We also hypothesize that varietal...

Modern tools for cost-effective conservation reserve site planning require the planner to have information about spatial distributions of conservation costs and benefits. Climate change creates unprecedented uncertainty about future land values and species habitat ranges, such that conservation...

Floods in many cases appear as natural phenomenon which is beneficial for the natural environment. Nevertheless, as human society is part of the natural environment it is therefore exposed and susceptible to flood hazard. Floods are seen as damage to the socio-economic activity on one hand, but...

Our society increasingly depends on power and fuel in daily life. This reliance encourages legislators and regulators to place the ongoing energy supply at a relatively low and fixed price – what is often referred to as energy security – as one of their most crucial policy goals....

This paper investigates the link between development, economic growth, and the economic losses from natural disasters in a normative analytical framework, with an illustration on hurricane flood risks in New Orleans. It concludes that, where capital accumulates through increased density of...

This paper investigates the link between development, economic growth, and the economic losses from natural disasters in a normative analytical framework, with an illustration on hurricane flood risks in New Orleans. It concludes that, where capital accumulates through increased density of...