This paper presents an economic valuation of Ulu Temburong National Park, located on the island of Borneo, which has great potential as a repository of biodiversity and an ecotourism destination. The paper employed the contingent valuation (CV) method to estimate the willingness to pay (WTP) of...

Tourism and environmental preservation are often conflicting activities, mainly in coastal lagoons, where seaside mass-tourism comes into contact with a very sensitive ecological system. In this paper we deal with a classical problem of both environmental and tourism economics, the...

This paper is the first to examine the public economics of export-based externalities arising within the provisioning of ecosystem services, with direct application to policies to prevent the spread of hitchhiking invasive species. We find when risk enters through exports, policy makers face a...

We bridge the non-market microeconomic recreational demand and bioeconomic modeling literatures by constructing a dynamic model to guide optimal management of recreational fisheries. Our model incorporates multiple forms of angler heterogeneity and directly models feedbacks between policy...

As pressures mount to develop intensive business operations along a coastline prized for its natural beauty, varied plant and wildlife and archeological sites, it is important to present decision makers with a full analysis of all values associated with the area. In this study, we examine...

Increasingly, private firms are focusing on environmental sustainability. However, such entities continue to experience difficulty in operationalizing sustainable practices in management decisions. For firms that own natural ecosystems, part of the difficulty stems from their inability to...