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  Subjects -> CONSERVATION (Total: 140 journals)
Showing 1 - 37 of 37 Journals sorted alphabetically
Advanced Sustainable Systems     Hybrid Journal   (Followers: 5)
African Journal of Ecology     Hybrid Journal   (Followers: 16)
African Journal of Range & Forage Science     Hybrid Journal   (Followers: 13)
African Journal of Wildlife Research     Full-text available via subscription   (Followers: 7)
AICCM Bulletin     Hybrid Journal   (Followers: 1)
Ambiens. Revista Iberoamericana Universitaria en Ambiente, Sociedad y Sustentabilidad     Open Access   (Followers: 1)
American Journal of Rural Development     Open Access   (Followers: 7)
American Museum Novitates     Open Access   (Followers: 5)
Animal Conservation     Hybrid Journal   (Followers: 43)
Aquaculture, Aquarium, Conservation & Legislation - International Journal of the Bioflux Society     Open Access   (Followers: 7)
Aquatic Conservation Marine and Freshwater Ecosystems     Hybrid Journal   (Followers: 41)
Arcada : Revista de conservación del patrimonio cultural     Open Access   (Followers: 1)
Archeomatica     Open Access   (Followers: 9)
Arid Land Research and Management     Hybrid Journal   (Followers: 10)
Asian Journal of Sustainability and Social Responsibility     Open Access   (Followers: 4)
Australasian Plant Conservation: Journal of the Australian Network for Plant Conservation     Full-text available via subscription   (Followers: 4)
Biodiversity and Conservation     Open Access   (Followers: 244)
Biological Conservation     Hybrid Journal   (Followers: 377)
Business Strategy and the Environment     Hybrid Journal   (Followers: 13)
Catalysis for Sustainable Energy     Open Access   (Followers: 11)
Challenges in Sustainability     Open Access   (Followers: 8)
Chelonian Conservation and Biology     Hybrid Journal   (Followers: 9)
Conservación Vegetal     Open Access  
Conservation     Hybrid Journal   (Followers: 28)
Conservation Biology     Hybrid Journal   (Followers: 335)
Conservation Genetics     Hybrid Journal   (Followers: 19)
Conservation Science     Open Access   (Followers: 25)
Conservation Science and Practice     Open Access  
Diversity and Distributions     Open Access   (Followers: 44)
Earth's Future     Open Access   (Followers: 3)
Eastern European Countryside     Open Access   (Followers: 2)
Eco-Entrepreneur     Open Access  
Ecological Economics     Hybrid Journal   (Followers: 200)
Ecological Psychology     Hybrid Journal   (Followers: 3)
Ecological Restoration     Full-text available via subscription   (Followers: 22)
Ecology and Evolution     Open Access   (Followers: 94)
Ecology and Society     Open Access   (Followers: 51)
Environment and Natural Resources Journal     Open Access  
Environmental and Resource Economics     Hybrid Journal   (Followers: 25)
Environmental and Sustainability Indicators     Open Access   (Followers: 3)
Environmental Conservation     Hybrid Journal   (Followers: 59)
Ethnobiology and Conservation     Open Access   (Followers: 3)
European Countryside     Open Access   (Followers: 1)
Forest Policy and Economics     Hybrid Journal   (Followers: 22)
Forum Journal     Full-text available via subscription   (Followers: 1)
Frontiers in Ecology and Evolution     Open Access   (Followers: 43)
Functional Ecology     Hybrid Journal   (Followers: 52)
Future Anterior     Full-text available via subscription  
Global Ecology and Biogeography     Hybrid Journal   (Followers: 74)
Global Ecology and Conservation     Open Access   (Followers: 16)
Human Dimensions of Wildlife: An International Journal     Hybrid Journal   (Followers: 6)
Ideas in Ecology and Evolution     Open Access   (Followers: 11)
In Situ. Revue des patrimoines     Open Access   (Followers: 1)
Indonesian Journal of Conservation     Open Access  
Indonesian Journal of Sustainability Accounting and Management     Open Access   (Followers: 1)
Interações (Campo Grande)     Open Access  
Interdisciplinary Environmental Review     Hybrid Journal   (Followers: 3)
International Journal of Architectural Heritage: Conservation, Analysis, and Restoration     Hybrid Journal   (Followers: 10)
International Journal of Biodiversity and Conservation     Open Access   (Followers: 4)
International Journal of Biodiversity Science and Management     Open Access   (Followers: 9)
International Journal of Environment and Pollution     Hybrid Journal   (Followers: 2)
International Journal of Global Energy Issues     Hybrid Journal   (Followers: 8)
International Journal of Social Ecology and Sustainable Development     Full-text available via subscription   (Followers: 10)
International Journal of Sustainable Development     Hybrid Journal   (Followers: 16)
International Journal of Sustainable Development and World Ecology     Hybrid Journal   (Followers: 13)
International Soil and Water Conservation Research     Open Access   (Followers: 3)
Intervención     Open Access   (Followers: 1)
Journal for Nature Conservation     Hybrid Journal   (Followers: 31)
Journal for the Study of Religion, Nature and Culture     Hybrid Journal   (Followers: 12)
Journal of East African Natural History     Full-text available via subscription   (Followers: 7)
Journal of Ecology and The Natural Environment     Open Access   (Followers: 4)
Journal of Industrial Ecology     Hybrid Journal   (Followers: 15)
Journal of International Wildlife Law & Policy     Hybrid Journal   (Followers: 4)
Journal of Natural Resources Policy Research     Hybrid Journal   (Followers: 10)
Journal of Paper Conservation     Hybrid Journal   (Followers: 3)
Journal of Rural Studies     Hybrid Journal   (Followers: 17)
Journal of Sustainable Mining     Open Access   (Followers: 3)
Journal of the American Institute for Conservation     Hybrid Journal   (Followers: 4)
Journal of the Institute of Conservation     Hybrid Journal   (Followers: 27)
Journal of Threatened Taxa     Open Access   (Followers: 2)
Journal of Urban Ecology     Open Access   (Followers: 5)
Julius-Kühn-Archiv     Open Access  
Lakes & Reservoirs Research & Management     Hybrid Journal   (Followers: 14)
Landscape and Urban Planning     Hybrid Journal   (Followers: 33)
Madagascar Conservation & Development     Open Access   (Followers: 3)
Madera y Bosques     Open Access  
Media Konservasi     Open Access   (Followers: 1)
Monographs of the Western North American Naturalist     Full-text available via subscription  
Natural Resources and Conservation     Open Access   (Followers: 5)
Natural Resources Forum     Hybrid Journal   (Followers: 7)
Nature Conservation     Open Access   (Followers: 36)
Nature Sustainability     Hybrid Journal   (Followers: 11)
Natureza & Conservação : Brazilian Journal of Nature Conservation     Open Access  
Neotropical Biology and Conservation     Open Access   (Followers: 2)
Nepalese Journal of Development and Rural Studies     Open Access  
Northeastern Naturalist     Full-text available via subscription   (Followers: 3)
Northwestern Naturalist     Full-text available via subscription  
Novos Cadernos NAEA     Open Access   (Followers: 1)
npj Urban Sustainability     Open Access   (Followers: 2)
Nusantara Bioscience     Open Access   (Followers: 4)
Ocean Acidification     Open Access   (Followers: 6)
One Ecosystem     Open Access  
Oryx     Hybrid Journal   (Followers: 18)
Pacific Conservation Biology     Full-text available via subscription   (Followers: 2)
Park Watch     Full-text available via subscription   (Followers: 1)
Proceedings of the Academy of Natural Sciences of Philadelphia     Full-text available via subscription   (Followers: 4)
Process Integration and Optimization for Sustainability     Hybrid Journal  
Rangeland Journal     Hybrid Journal   (Followers: 4)
Recursos Rurais     Open Access   (Followers: 1)
Recycling     Open Access  
Resources, Conservation & Recycling     Hybrid Journal   (Followers: 23)
Resources, Conservation & Recycling : X     Open Access   (Followers: 2)
Restoration Ecology     Hybrid Journal   (Followers: 47)
Revista de Ciencias Ambientales     Open Access   (Followers: 2)
Revista de Direito e Sustentabilidade     Open Access  
Revista Meio Ambiente e Sustentabilidade     Open Access   (Followers: 1)
Revista Memorare     Open Access  
Rural Sustainability Research     Open Access   (Followers: 4)
Savana Cendana     Open Access  
Society & Natural Resources: An International Journal     Hybrid Journal   (Followers: 20)
Socio-Ecological Practice Research     Hybrid Journal  
Soil Ecology Letters     Hybrid Journal  
Southeastern Naturalist     Full-text available via subscription   (Followers: 3)
Southern Forests : a Journal of Forest Science     Hybrid Journal   (Followers: 4)
Studies in Conservation     Hybrid Journal   (Followers: 14)
Sustainable Earth     Open Access  
Sustainable Environment Agricultural Science (SEAS)     Open Access  
Sustentabilidade em Debate     Open Access  
Tanzania Journal of Forestry and Nature Conservation     Full-text available via subscription   (Followers: 2)
The American Midland Naturalist     Full-text available via subscription   (Followers: 11)
The Southwestern Naturalist     Full-text available via subscription   (Followers: 3)
Tropical Conservation Science     Open Access   (Followers: 2)
Tropical Ecology     Hybrid Journal  
VITRUVIO : International Journal of Architectural Technology and Sustainability     Open Access  
Water Conservation Science and Engineering     Hybrid Journal   (Followers: 1)
Western North American Naturalist     Full-text available via subscription   (Followers: 1)
Wildfowl     Open Access   (Followers: 8)
Wildlife Australia     Full-text available via subscription   (Followers: 1)
Wildlife Research     Hybrid Journal   (Followers: 15)
World Review of Entrepreneurship, Management and Sustainable Development     Hybrid Journal   (Followers: 3)

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Similar Journals
Journal Cover
Environmental and Resource Economics
Journal Prestige (SJR): 1.186
Citation Impact (citeScore): 2
Number of Followers: 25  
  Hybrid Journal Hybrid journal (It can contain Open Access articles)
ISSN (Print) 1573-1502 - ISSN (Online) 0924-6460
Published by Springer-Verlag Homepage  [2626 journals]
  • Pandemics, Mitigation Measures, and Environment
    • Abstract: Abstract The paper studies the effects of mitigation measures on environment during a pandemic. Various mitigation measures such as business closures have been imposed to reduce health risks. Such measures also limit economic activities and reduce emissions. Measures disproportionately affect the contact-intensive sectors such as the leisure and hospitality industry, as their economic activities involve more person-to-person interactions. Thus, the extent of emission reduction depends on the severity of a measure and the size of the contact-intensive sectors. Using data on business and restaurant closures, school closures and bans on gatherings across 50 U.S. states during the Covid-19 pandemic, an empirical analysis shows that emissions decrease more in states with a more stringent measure and a larger share of the contact-intensive sectors.
      PubDate: 2021-01-23
  • Environmental Taxation and Import Demand for Environmental Goods: Theory
           and Evidence from the European Union
    • Abstract: Abstract In this paper, we study the impact of environmental taxation on trade in environmental goods (EGs). Using a trade model in which demand for and supply of EGs are endogenous, we show that the relationship between environmental taxation and demand for EGs follows a bell-shaped curve. Above a cutoff tax rate, a higher tax rate can reduce bilateral trade in EGs because there are too many low-productivity EG suppliers. Based on trade data from 1995 to 2012 across the EU-27 countries, our empirical results are in accordance with the predictions of our model when we use the Asia-Pacific Economic Cooperation (APEC) list of EGs. We find that environmental taxation (measured as the ratio of environmental tax revenoe to GDP) has a monotonically positive impact on the number of trading partners. Furthermore, we show that if countries were to apply an environmental tax rate equal to \(3.96\%\) (e.g., the tax rate maximizing international trade in EGs), then trade in EGs across the EU-27 members would experience an increase of 25.33 percentage points. The results are mixed when we analyse the EGs on the OECD list. While the results for the the number of trading partners are confirmed when we use this list, there is no effect of environmental taxation on import demand.
      PubDate: 2021-01-22
  • Farmers Follow the Herd: A Theoretical Model on Social Norms and Payments
           for Environmental Services
    • Abstract: Abstract The economic literature on Payments for Environmental Services (PES) has studied extensively the behavioural factors that prevent farmers from signing PES contracts, even when the payments exceed the expected opportunity costs. This article provides a theoretical model of the role played by the interplay of descriptive and injunctive social norms in farmers’ decisions. When they choose to contribute voluntarily to an environmental public good, farmers may be driven by descriptive norms akin to conformity (do as the majority of their peers) as well as by injunctive norms (in line with what society expects them to do), which are the equivalent of a social injunction to act in favour of the environment. The interactions between these two social norms can yield multiple equilibria, depending on the relative weight of the descriptive norm (sensitivity to conformism) and of the injunctive norm (sensitivity to moral pressure) in the utility functions of farmers. More generally, our model can explain why social groups are sometimes trapped in low public-good-contribution equilibria, even when public subsidies to contributors are high. We make policy recommendations to help reach higher contribution equilibria, with a specific focus on the farm policy context.
      PubDate: 2021-01-21
  • Rent Seeking over Tradable Emission Permits
    • Abstract: Abstract The allocation of emission permits at no cost during the establishment of a cap-and-trade program creates opportunities for rent-seeking. I examine the consequences of such rent-seeking by exploiting an unusual feature of the UK’s permit allocation procedure in Phase 1 of the EU’s CO \(_{2}\) Emissions Trading Scheme, whereby it is possible to observe both a firm’s actual permit allocation as well as an earlier, technocratically-based provisional allocation that was never implemented. Firms had the opportunity to appeal their provisional allocation. I find that a firm’s financial connections to members of the House of Commons strongly predict its post-appeal allocation. Even after controlling for the provisional allocation, along with industry and financial characteristics, a connection to an additional member is associated with a significant increase in a firm’s actual permit allocation. Using results from a contest-theoretic framework, I estimate the welfare loss from rent-seeking to be over 100 million euros—a significant amount relative to the abatement costs firms incurred to reduce emissions.
      PubDate: 2021-01-20
  • Enforcement Federalism: Comparing the Effectiveness of Federal Punishment
           versus State Punishment
    • Abstract: Abstract Responsibility for enforcing environmental protection laws often falls on both federal and state agencies. We investigate whether enforcement and monitoring taken by the federal agency—the U.S. Environmental Protection Agency (EPA)—and enforcement and monitoring actions taken by U.S. state environmental agencies differentially affect the compliance behavior of pollution point sources regulated under the U.S. Clean Water Act. Our results demonstrate that federal inspections are more effective than state inspections, yet state fines are more effective than federal fines, at inducing compliance with Clean Water Act-imposed discharge limits.
      PubDate: 2021-01-20
  • Fisheries Optimal Harvest Under Price and Biomass Uncertainty
    • Abstract: Abstract This article develops and implements a stochastic optimal control approach to value renewable natural resources in the case of Marine Fisheries. The model includes two sources of uncertainty: the resource biomass and the price of fish, and it can be used by fisheries and regulators to optimally adapt their harvesting strategy to changing conditions in these stochastic variables. The model also features realistic operational cash flows. Using publicly available data on the British Columbia halibut fishery, the required parameters are estimated and the model is solved. The results indicate that price uncertainty is especially important in valuing fisheries and determining the optimal harvesting policy.
      PubDate: 2021-01-18
  • Porter Hypothesis vs Pollution Haven Hypothesis: Can There Be
           Environmental Policies Getting Two Eggs in One Basket'
    • Abstract: Abstract The Porter hypothesis and the pollution haven hypothesis seem to predict opposite reactions by firms facing environmental regulation, as the first invokes the arising of a win–win solution while the second envisages the possibility for firms to flee abroad. We illustrate the possibility of designing policies (taking the form of either emission taxation or environmental standards) able to eliminate firms’ incentives to relocate their plants abroad and create a parallel incentive for them to deliver a win–win solution by investing either in replacement technologies under emission taxation, or in abatement technologies under an environmental standard. This is worked out in a Cournot supergame in which firms may activate the highest level of collusion compatible with their intertemporal preferences.
      PubDate: 2021-01-11
  • The Welfare Impacts of Large Urban Noise Reductions: Implications from
           Household Sorting in Vienna
    • Abstract: Abstract We develop a pure characteristics equilibrium sorting model to recover estimates of willingness to pay (WTP) for both marginal and non-marginal changes in urban noise exposure. Using data from Vienna, Austria, we provide several new insights in the urban noise literature. First, we demonstrate the importance of considering general equilibrium feedback effects following large changes in noise levels. We document impacts to residents in policy targeted and non-targeted locations due to changes in both noise and equilibrium prices. Second, we confirm evidence of the importance of noise thresholds with significant and increasing negative impacts associated with increases in area covered by high levels of noise at 50 dB and 60 dB thresholds, respectively. Finally, we use an equilibrium sorting model to predict new price patterns and welfare implications following hypothetical policy changes that alter the distribution and intensity of nighttime noise in Vienna and are relevant to other urban settings seeking to reduce noise levels. Our work additionally provides a roadmap for conducting similar equilibrium sorting work in data limited settings outside the U.S.
      PubDate: 2021-01-07
  • Can Reminders of Rules Induce Compliance' Experimental Evidence from a
           Common Pool Resource Setting
    • Abstract: Abstract This paper presents results from an RCT exploring whether a behavioural intervention can improve the conservation of a common pool resource. The literature on common pool resource management suggests that the existence of rules and sanctions is important to resource conservation. However, behavioural science suggests that individuals have finite cognitive capacity and may not be attentive to these rules and sanctions. This paper investigates the impact of an SMS message intervention designed to improve users’ knowledge of and attentiveness to existing forest use rules. An RCT in Uganda explores the impact of these messages on forest use and compliance with the rules. This paper finds that SMS messages raise the perceived probability of sanctions for rule-breakers. However, SMS messages do not induce full compliance with forest use rules or systematically reduce forest use.
      PubDate: 2020-12-11
  • Implications of Entry Restrictions to Address Externalities in
           Aquaculture: The Case of Salmon Aquaculture
    • Abstract: Abstract This paper investigates production license management when regulation constrains the number of production licenses to address production externalities. This is increasingly relevant for aquaculture production where disease issues threaten future seafood supply. The regulatory problem is analyzed in the context of Norwegian salmon aquaculture where a stop in issuance of new production licenses has been implemented to address social costs of parasitic sea lice. Our theoretical model shows that restricting number of licenses raises prices and shifts production efforts excessively towards greater stocking of fish per license. Hence, the policy cannot achieve a first-best welfare-maximizing allocation. Furthermore, restricting entry by limiting number of licenses can create regulatory rents, which effectively subsides rather than tax the source of the externality.
      PubDate: 2020-12-01
  • Weather Fluctuations, Expectation Formation, and Short-Run Behavioral
           Responses to Climate Change
    • Abstract: Abstract One premise adopted in most previous studies is that weather fluctuations affect economic outcomes contemporaneously. Yet under certain circumstances, the impact of weather fluctuations in the current year can be carried over into the future. Using agricultural production as an example, we empirically investigate how past weather fluctuations affect economic decision-making by shifting agents’ subjective expectations over future climate. We find that agricultural producers do not form expectations on future climate using only long-run normals, and instead engage in a combination of heuristics, including the availability heuristic and the reinforcement strategy. Adopting these learning mechanisms causes farmers to significantly over-react to more recent fluctuations in weather and water availability when making ex ante acreage and crop allocation decisions.
      PubDate: 2020-11-23
  • Social Versus Private Benefits of Energy Efficiency Under Time-of-Use and
           Increasing Block Pricing
    • Abstract: Abstract Many energy policies are implemented to subsidize the adoption of energy efficiency. However, when private benefits from energy efficiency exceed the social benefits, there is an incentive for the consumers to over-invest in energy efficiency; otherwise, there is an incentive to under-invest. This study adds to this discussion by providing an empirical estimation of the electricity savings and social benefits after energy efficiency retrofits for consumers on time-of-use (TOU) and increasing block pricing, respectively. We aim to examine how social versus private savings from a given energy efficiency measure may be different depending on different pricing plans. This study applies hourly electricity data for about 16,000 residential consumers during 2013–2017 in Arizona. We show that for the TOU consumers, the private savings from energy-efficient AC retrofits are greater than the social savings by 61%, while the increasing block rate consumers’ private savings exceed the social savings by 46%, when other market failures are not considered (e.g., principal-agent problem and imperfect information). Different rate plans impose different marginal electricity prices which influence the incentives to invest in energy efficiency as well as electricity consumption behaviors that can influence both the private and social savings from energy efficiency. The result indicates that there should be potentially different levels of policy interventions towards energy efficiency for consumers on different pricing. Additionally, we also find that energy efficiency makes the electricity demand more elastic to price changes.
      PubDate: 2020-11-16
  • Distributional Impacts of Carbon Pricing: A Meta-Analysis
    • Abstract: Abstract Understanding the distributional impacts of market-based climate policies is crucial to design economically efficient climate change mitigation policies that are socially acceptable and avoid adverse impacts on the poor. Empirical studies that examine the distributional impacts of carbon pricing and fossil fuel subsidy reforms in different countries arrive at ambiguous results. To systematically determine the sources of variation between these outcomes, we apply an ordered probit meta-analysis framework. Based on a comprehensive, systematic and transparent screening of the literature, our sample comprises 53 empirical studies containing 183 effects in 39 countries. Results indicate a significantly increased likelihood of progressive distributional outcomes for studies on lower income countries and transport sector policies. The same applies to study designs that consider indirect effects, demand-side adjustments of consumers or lifetime income proxies.
      PubDate: 2020-11-13
  • Correction to: Commodity Consistent Meta-Analysis of Wetland Values: An
           Illustration for Coastal Marsh Habitat
    • Abstract: In the original article, the code used to estimate the meta-regression models (of WTP for coastal marsh habitat changes) erroneously included the natural log of nominal rather than real income as an independent variable.
      PubDate: 2020-11-12
  • Endogenizing the Cap in a Cap-and-Trade System: Assessing the Agreement on
           EU ETS Phase 4
    • Abstract: Abstract In early 2018, a reform of the world’s largest functioning greenhouse gas emissions cap-and-trade system, the EU Emissions Trading System (ETS), was formally approved. The reform changed the main principles of the system by endogenizing the emissions cap. We show that the emissions cap is now affected by the allowance demand and is therefore no longer set directly by EU policymakers. As a consequence, national policies that reduce allowance demand can now reduce long-run cumulative emissions, which is not possible in a standard cap-and-trade system. Using a newly developed dynamic model of the EU ETS, we show that policies that reduce allowance demand can have substantial effects on cumulative emissions after the reform. Model simulations also suggest that the reform reduces long-run cumulative emissions and, to a lesser extent, reduces emissions in the short run. Even so, the reform has a small short-run impact on the currently large allowance surplus.
      PubDate: 2020-11-09
  • Climate Change Legislations and Environmental Degradation
    • Abstract: Abstract This study investigates how the enactment of regulations and laws dealing with climate change influences CO2 emissions. Using a sample of 83 countries and covering the period from 2003 to 2014, our dynamic panel analysis yields two major results. First, the enactment of new climate change regulations (i.e., amendments, decrees, orders) associated with a strong rule of law significantly diminishes CO2 emissions. This result validates the hypothesis of Gunningham (J Environ Law 23:169–201, 2011. https://doi.org/10.1093/jel/eqr006), which argues that the efficiency of environmental legislation must be supported by regulatory institutions that can efficiently enforce the law. Second, the enactment of new climate change laws seems to not impact emissions levels independently of institutional quality. It may be possible that private agents anticipate the entry into force of the new law(s) and must consequently adapt to the requirements of such laws, leading to a nonsignificant impact on CO2 emissions.
      PubDate: 2020-11-07
  • When Power Plants Leave Town: Environmental Quality and the Housing Market
           in China
    • Abstract: Abstract Air pollution is a major environmental issue in China. This paper exploits the relocation of two major power plants in a large Chinese city as a quasi-natural experiment to examine the effect of changes in the quality of the environment on the housing market. We use an extensive transaction dataset of new apartment units in the affected and neighboring areas. We find that the plants’ closure is associated with a 12–14% increase in prices and 13–31% rise in the volume of transactions in neighborhoods within five kilometers of the plants. We further observe a higher change in prices among more expensive houses. The estimated monthly aggregate effect of the closures on the local housing market is over 50 million US dollars during the first 2 years after the relocations.
      PubDate: 2020-10-24
  • Addressing Attribute Value Substitution in Discrete Choice Experiments to
           Avoid Unintended Consequences
    • Abstract: Abstract Choice experiments are a popular method of generating stated preference data for a variety of fields from marketing to health, transportation and environmental economics. They allow researchers to systematically vary choice attributes in a manner that can both increase estimation efficiency and allay endogeneity concerns. An increasing number of studies have included elicited subjective beliefs in their stated preference models. We discuss why this strategy may be warranted in some cases, specifically when the researcher suspects subjects will engage in attribute value substitution or scenario adjustment. While there are multiple ways one could integrate subjective beliefs, in all cases a proper understanding of the econometric ramifications of their inclusion is necessary. We show that excluding subjective beliefs yields biased parameter estimates yet policy-relevant welfare measures, whereas including subjective beliefs yields unbiased parameter estimates but can generate less policy-relevant welfare estimates. We demonstrate how policy-relevant welfare measures should be calculated from models that include subjective beliefs and illustrate our theory with an application to payment for ecosystem services to farmers.
      PubDate: 2020-10-22
  • A Physico-Economic Model of Low Earth Orbit Management
    • Abstract: Abstract We analyze the externality caused by the accumulation of space debris, focusing on the long-term equilibrium induced by a constant rate of satellite launches. We give conditions such that the long-term population of functioning satellites is an inverted-U shape function of the launch rate. We compare typical ways of managing the orbit. The maximum carrying capacity is the maximum population of satellites that the space sector can sustain in the long run. The physico-economic equilibrium occurs under open-access to the orbit. The optimal policy maximizes the present value profit of the space sector. Finally, we discuss the use of standard economic instruments (command-and-control, tax and market) to regulate space activity in order to achieve an optimal outcome. A numerical application based on a realistic calibration illustrates all results.
      PubDate: 2020-10-17
  • Twenty Key Challenges in Environmental and Resource Economics
    • Abstract: Abstract Economic and ecological systems are closely interlinked at a global and a regional level, offering a broad variety of important research topics in environmental and resource economics. The successful identification of key challenges for current and future research supports development of novel theories, empirical applications, and appropriate policy designs. It allows establishing a future-oriented research agenda whose ultimate goal is an efficient, equitable, and sustainable use of natural resources. Based on a normative foundation, the paper aims to identify fundamental topics, current trends, and major research gaps to motivate further development of academic work in the field.
      PubDate: 2020-10-16
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