En los ejercicios de valoracion de los recursos naturales a traves del metodo de valoracion contingente el investigador tipicamente pregunta a los entrevistados cual es su maxima disposicion a pagar por un cambio en la calidad o cantidad del bien en estudio. Los entrevistados pueden tener...

Following the implementation of the Water Framework Directive (WFD), integrated catchment management plans must be prepared for all river basins in order to achieve “Good Ecological Status” (GES) in all EU waters. This concept is a broader measure of water quality than the chemical and...

How the valuation of environmental goods is related to income is a key question for economics, but the role of income inequality is often neglected. We study how income inequality affects the international transfer of the estimated value of environmental goods from a study to a policy site - a...

This paper develops a model of demand estimation in which consumers learn about their true preferences through consumption experiences. We develop a theoretical model of Bayesian updating, perform comparative statics over the model, and show how the theoretical model can be consistently...

Payments for ecosystem service outputs have become a popular policy prescription for a range of agri-environmental schemes. The focus of this paper is on the choice of sets of instruments in an ecosystem service principal-agent model that addresses adverse selection and moral-hazard. Results...

Marine Parks are established to protect an area of the sea zoned as a sanctuary for the protection of its marine eco-systems, especially coral reef and its associated fauna and flora, like sea grass bed, mangrove and the sea shore. In Malaysia, there are 6 marine parks to-date. The establishment...

Investments in renewable energy, such as new wind farms and hydro schemes, are being promoted as a new means of diversifying rural employment in Scotland*. However, such investments are associated with a range of environmental impacts which might be detrimental to other economic activities, such...

The aim of BT techniques is to provide decision makers with a monetary valuation of environmental goods and service in a cost-effective and timely manner, since original valuation studies are both expensive and time-consuming. Demands for environmental valuation estimates are rising in the...

Hill farming in UK is experiencing very difficult economic circumstances and many farmers rely on subsidies provided by the government for a large fraction of their income. The Peak District National Park is used as a case study to examine how farmers might respond to current policy changes �...