Choice Experiments Informing Environmental Policy – An European Perspective, edited by Ekin Birol and Phoebe Koundouri. Published by Edward Elgar, Cheltenham, UK, 2008, pp. xxii + 324, ISBN 1 84542 725 2.

A recent paper by Hardaker et al. (The Australian Journal of Agricultural and Resource Economics, 48, 2004a, 253) and book by Hardaker et al. (Coping with Risk in Agriculture, 2004b) describe a procedure for determining an efficient set from among a set of random alternatives. This procedure,...

Review for: Politics and the Environment: Risk and the Role of Government and Industry, by Michael Howes. Published by Allen and Unwin, Crows Nest, Australia, 2005, pp. xxxiv + 218, ISBN 9781741142167 (pbk), $39.95

Many economists are concerned with communicating the results of economic analysis or the implications of economic theory to policy makers. Our effectiveness in doing this varies widely for different individuals and different issues. The present paper is an attempt to provide practical advice to...

Economic illiteracy is abundant in farm management analysis. Failure to understand that economics is the core discipline of farm-management analysis and failure to apply the whole-farm approach leads to wrong questions being asked and wrong answers being given. The power of economic thinking is...

Evaluation of off-site mitigation entails comparison of utility changes between two sites. Choice modelling has been used to identify community willingness to trade-off attributes for two different types of stream in New Zealand. Estimated utility functions are used to derive marginal rates of...

One approach to rationalising policies for addressing potentially catastrophic climate change when such policies may prove unnecessary is to suppose the policies provide a form of social insurance even in the presence of pure uncertainty. Then, provided the policies are effective, such insurance...