Gains from the incorporation of monetary values for changes in environmental goods and services within cost-benefit analysis depend on how well researchers can estimate these values. One key problem in both stated and revealed preference approaches is how best to model preference heterogeneity....

Cost-benefit analysis (CBA) has emerged as one of the most widely used methodologies in environmental policy analysis, with many governments applying it in their decision-making procedures and laws. However, undertaking a full CBA is expensive, and conclusions must be drawn on which project or...

Genuine Savings (GS) have been much used in recent years as an indicator of a country's sustainability. According to some theorists (e.g. Arrow et al., 2012), under certain conditions a country with a positive level of GS should experience non-declining future utility, given the assumption of...

There are two major ways in which solid waste can be sorted and recycled – at the household level, when households are required to sort waste into a given number of categories, or in specialised sorting facilities. Traditionally, it has been thought that sorting at the household level is an...

Spatially heterogeneous costs of securing conservation agreements should be accounted for when prioritizing properties for conservation investment. Most researchers incorporating conservation costs into analyses have relied on estimates of landowners' opportunity costs of accepting a...

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...

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...