The payment for ecosystem services (PES) emerges as part of an arsenal of tools for innovative domestic financing for otherwise absent markets relating to natural resource management. Its traditional framework aspects of conditionality, voluntary transaction, at least one buyer and seller, and...

Programming models approximate market prices and quantities when regulations constrain firm choices, because market outcomes result when welfare is appropriately defined and includes performance and environmental constraints. This study discusses market operation in quality-constrained sectors,...

Plant breeders traditionally have estimated genotypic and phenotypic correlations between traits using the method of moments on the basis of a multivariate analysis of variance (MANOVA). Drawbacks of using the method of moments to estimate variance and covariance components include the...

This paper reports a preliminary laboratory experiment in which traders make investments to increase the reliability of tradable instruments that represent greenhouse gas emissions allowances. In one half of the sessions these investments are unobservable, while in the other half traders can...

Non-market valuation techniques are vital instruments of policy. Providing quantitative welfare estimates validates public policy decisions. This research independently addresses three aspects of nonmarket valuation. Hedonic valuation of industrial accidents, limitations in recreational demand...

Policy and planning for the provision of water supply and sanitation services in developing countries. Reviews available technologies, but emphasizes the planning and policy process, including economic, social, environmental, and health issues. Incorporates considerations of financing, pricing,...