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The Changing Wealth of Nations: measuring sustainable development in the New Millennium

The Changing Wealth of Nations: measuring sustainable development in the New Millennium

a research article by Gianni Ruta  24 January, 2011

Close to one third of the wealth of low-income countries comes from their “natural capital” which includes forests, protected areas, agricultural lands, energy and minerals, according to a new … read more »


Optimal harvesting of fish stocks under a time-varying discount rate

Optimal harvesting of fish stocks under a time-varying discount rate

a research article by Cameron Hepburn  19 January, 2011

Optimal control theory has been extensively used to determine the optimal harvesting policy for renewable resources such as fish stocks. In such optimisations, it is common to maximise the … read more »


Enforcement-proof contracts with moral hazard in precaution: ensuring ‘permanence’ in carbon sequestration

Enforcement-proof contracts with moral hazard in precaution: ensuring ‘permanence’ in carbon sequestration

a working paper by Charles Palmer  1 September, 2010

Opportunistic behaviour due to incomplete contract enforcement is a risk in many economic transactions, such as forest carbon sequestration contracts. In this paper, an enforcement-proof incentive … read more »


Is gold a safe haven? International evidence

Is gold a safe haven? International evidence

a research article by Tom McDermott  19 August, 2010

In this essay I discuss the role of cooperation in the process of innovation. I argue for a reorientation of the way we conceptualize economic behaviour, taking account of … read more »


Agrobiodiversity, farm profits and land fragmentation: evidence from Bulgaria

Agrobiodiversity, farm profits and land fragmentation: evidence from Bulgaria

a research article by Salvatore di Falco  19 July, 2010

This paper presents an empirical analysis of the role of land fragmentation, crop biodiversity and their interplay with farm profitability. Original primary data are drawn from a survey conducted … read more »


Auctioning conservation contracts in the presence of externalities

Auctioning conservation contracts in the presence of externalities

a working paper by Raphael Calel  2 July, 2010

Current models of conservation auctions do not permit for the presence of environmental externalities and synergies between bidders. Yet, conservation auctions are usually set up for … read more »


Land use change and availability of ecosystem services in the Brazilian Atlantic Forest

Land use change and availability of ecosystem services in the Brazilian Atlantic Forest

a research article by Susana Mourato  19 June, 2010

The importance of quantifying existing ecosystem services, assessing the impacts of various land use decisions and ultimately evaluating the overall costs and benefits of different land use patterns having … read more »


Investigating the potential for marine resource protection through environmental service markets: an exploratory study from La Paz Mexico

Investigating the potential for marine resource protection through environmental service markets: an exploratory study from La Paz Mexico

a research article by Rhona Barr, Susana Mourato  18 November, 2009

Marine Protected Areas (MPAs) have long been advocated as effective management vehicles for promoting long-term conservation of marine resources and biodiversity. However MPAs are failing in their conservation goals, … read more »


Social inequality and collective action: an empirical study of forest commons

Social inequality and collective action: an empirical study of forest commons

a research article by Salvatore di Falco  18 March, 2009

Previous research has identified a range of variables conducive to the self-organization of user groups for participatory resource management, including the physical and technical attributes of the resource, the … read more »


Economics and the governance of sustainable development. Governing Sustainability: essays in honour of Tim O’Riordan

Economics and the governance of sustainable development. Governing Sustainability: essays in honour of Tim O’Riordan

a research article by Simon Dietz, Eric Neumayer  1 January, 2009

In this chapter we assess the role of economics in governance for sustainable development. Firstly, we ask how has the‘mainstream’ environmental and resource economics paradigm helped us understand the … read more »


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