The present paper describes the construction and first empirical application of the SUSTRUS model (the name of the model refers to "Sustainable Russia"). This model will be the main result of the same-named EU funded project. The SUSTRUS model belongs to the group of regional CGE models, applied...

In order to analyze the degree of development of economic systems for the two agriculture types, conventional and ecological, as well as the "survival" capacity and the direction of their development, it is necessary to take into account the correct definition and measurement of the economic...

Ecosystems provide a range of goods and services vital to the well-being of humans and other living things, as well as to the development of society. Along with natural resources, tangible and tradable in the market, they provide a series of intangible, non-marketable services that translate...

Sustainable use of natural resources becomes an important issue today not only due to global warming and pollution issues but also because of critical pressure on the Earth's regeneration possibility. We cannot use classical microeconomic approach here for two reasons: a) impossibility to create...

We investigate renewable resources when the harvesting agents face self-control problems. Individuals are conceptualized as dual selves. The rational long-run self plans for the infinite future while the affective short-run self desires to maximize instantaneous profits. Depending on the degree...

Environmental Impact Assessment (EIA) is an environmental management tool, whose function is to predict and manage possible impacts arising from a given project. With the emergence of new European legislation, there is a need to implement new procedures that make environmental impact assessment...

Many studies examine the effect of environmental values on environmental behavior. In such empirical analyses it is typically at least implicitly assumed that environmental values are independent of economic preferences from behavioral economics like risk and time preferences, trust, or...

This study proposes a consistent definition of natural disaster damage costs, i.e., equivalently, of natural disaster prevention benefits in accordance with general definition of benefits, Willingness to Pay, more concretely, Equivalent Variation, of any policy such as tax reforms,...

Urban sustainability has been one of the most important issues in the last decades. The modification of watercourses and their integration to power production facilities have resulted in severe environmental impacts around the globe. This study presents a sustainability analysis to examine the...