There are two main criteria used for evaluating projects in Benefit: Cost Analysis (BCA): the Net Present Value (NPV = benefits minus costs) and the
read moreOptimal input rates (e.g. of fertilizer to a crop) are not affected by fixed costs. I had an interesting discussion with a Canadian poultry farmer
read moreThere have been some studies considering the relationship between research and environmental policy but studies capturing the impact of research on environmental management, environmental policy,
read moreWhat is a threatened species worth? It may seem like a strange question, but it’s one that environmental economists have done a fair bit of
read moreI’ve been asked to present a talk in Ireland in two weeks, on the topic “The Design of Effective Agri-Environment Schemes”. In putting the talk
read moreAs I’ve noted previously, diving with wild sharks is a growing tourism industry. It has the potential to increase the demand for shark conservation, in
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