Cost-Benefit Analysis (CBA) for public policies assumes ‘consumer sovereignty’, implying that impacts of government projects can be expressed in monetary terms by aggregating individuals’ willingness to pay. However, individuals’ willingness to pay might not accurately reflect...

Białka River, the right tributary of the Vistula River, flowing in the mountainous Małopolska region is commonly referred to as one of the last non-modified streams in the Polish Carpathians. Most of the river valley is protected within PLH120024 Białka River Valley Natura 2000 site. However,...

In the aftermath of natural disasters, governments frequently provide financial aid for affected households. This policy can have adverse effects if individuals anticipate it and forgo private precaution measures. While theoretical literature unequivocally suggests this so called "charity...

In the aftermath of natural disasters, governments frequently provide financial aid for affected households. This policy can have adverse effects if individuals anticipate it and forgo private precaution measures. While theoretical literature unequivocally suggests this so called 'charity...

Białka River, the right tributary of the Vistula River, flowing in the mountainous Małopolska region is commonly referred to as one of the last non-modified streams in the Polish Carpathians. Most of the river valley is protected within PLH120024 Białka River Valley Natura 2000 site. However,...