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The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative … biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological … and external effects of management effort on biodiversity; and (iii) the welfare loss due to free-riding may decrease or …
Persistent link: https://www.econbiz.de/10010468970
We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...
Persistent link: https://www.econbiz.de/10012387514
When designing choice experiments for nonmarket valuation the role of the price attribute is of major importance. In the energy sector the uncertainty of future direction of changes in prices makes it difficult to include an adequate price vector in the design. We separately investigate the...
Persistent link: https://www.econbiz.de/10011100101
In the European Union (EU) periurban agriculture is under the same agri-environmental policy regime designed for general agriculture. We argue that the specific needs of periurban agriculture may justify ad hoc agri-environmental policy measures. We present results from a Choice Experiment (CE)...
Persistent link: https://www.econbiz.de/10011957008
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In the European Union (EU) periurban agriculture is under the same agri-environmental policy regime designed for general agriculture. We argue that the specific needs of periurban agriculture may justify ad hoc agri-environmental policy measures. We present results from a Choice Experiment (CE)...
Persistent link: https://www.econbiz.de/10011850266