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We develop a dynamic model to investigate the optimal time paths of carbon emissions, sequestration, and the carbon stock. We show that carbon sinks should be utilized as early as possible, and carbon flow into sinks should last until the atmospheric carbon concentration is stabilized. We rule...
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Food, energy, and water (FEW) systems play a fundamental role in determining societal health and economic well-being. However, current and expected changes in climate, population, and land use place these systems under considerable stress. To improve policies that target these challenges, this...
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The growth in conservation programs has created a need for modeling frameworks capable of measuring microlevel behavioral responses and macrolevel landscape changes. This paper presents an empirical model that predicts farmers' production practices and the resulting levels of agricultural...
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This impressive volume analyzes revealed preference approaches to modelling the demand for recreational resources. It presents one of the most thorough treatments of methods that rely on observed behavior to estimate the value of environmental amenities. The authors have brought together a...
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