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Optimal resource management in the presence of a deleterious alien species

Batabyal, Amitrajeet A.; Nijkamp, Peter - 2007

alien animal or plant species. To outline an appropriate policy response, we first use renewal theory to construct a …

Persistent link: https://www.econbiz.de/10011373835

Ecological-economic analysis and valuation of biodiversity

Nunes, Paulo A. L. D.; Bergh, Jeroen C. J. M. van den; … - 2000

linkages betweeneconomic and ecological systems with a view to a solid exploration ofvaluation issues in biodiversity. Against … and economics. Issues discussed hereare ecosystem management principles, biodiversity indices and modernconcepts such as … ofconservation and sustainable use of biodiversity. For this purpose,the interrelation between biodiversity, resources …

Persistent link: https://www.econbiz.de/10011304388

Ecological - economic analysis and valuation of biodiversity

Nunes, Paulo A. L. D.; Bergh, Jeroen C. J. M. van den; … - 2000

Persistent link: https://www.econbiz.de/10001539147

Economics in the Anthropocene : species extinction or steady state economics

Sol, Joeri - 2018

Using IUCN Red List of Threatened Species (2016v2) data, I calculate an expected extinction rate for the coming century that is 759 to 7,582 times the natural background rate. Extinction rates exceed the planetary boundary formulated by Rockström et al. (2009) nearly everywhere (521 out of 538...

Persistent link: https://www.econbiz.de/10011818309

Using happiness surveys to value intangibles : the case of airport noise

Praag, Bernard M. S. van; Baarsma, Barbara - 2004

We assess the monetary value of the noise damage, caused by aircraft noise nuisance around Amsterdam Airport, as the sum of hedonic house price differentials and a residual cost component. The residual costs are assessed from a survey, including an ordinal life satisfaction scale, on which...

Persistent link: https://www.econbiz.de/10011334840

Transport investment appraisal and the environment

Nijkamp, Peter; Ubbels, Barry; Verhoef, Erik T. - 2002

This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...

Persistent link: https://www.econbiz.de/10011327843

Non-marginal cost-benefit analysis and the tyranny of discounting

Vermeylen, Koen - 2013

This paper uses the Kaldor-Hicks compensation principle to compute the present value (PV) of a non-marginal future event. Three theoretical results stand out: First, decreasing returns to capital create a wedge between the PV of future generations' willingness to pay (WTP) and the PV of their...

Persistent link: https://www.econbiz.de/10010227375

The consumption discount rate for the distant future (if we do not die out)

Vermeylen, Koen - 2013

Gollier and Weitzman (2010) show that if future consumption discount rates are uncertain and persistent, the consumption discount rate should decline to its lowest possible value for events in the most distant future. In this paper, I argue that the lowest possible growth rate of consumption per...

Persistent link: https://www.econbiz.de/10010227389

Expected utility and catastrophic risk

Ikefuji, Masako; Laeven, Roger; Magnus, Jan R.; Muris, Chris - 2014

An expected utility based cost-benefit analysis is in general fragile to its distributional assumptions. We derive necessary and sufficient conditions on the utility function of the expected utility model to avoid this. The conditions ensure that expected (marginal) utility remains finite also...

Persistent link: https://www.econbiz.de/10010412466

Second-best urban tolls in a monocentric city with housing market regulations

Tikoudis, Ioannis; Verhoef, Erik T.; Ommeren, Jos van - 2015

This paper investigates second-best congestion pricing in a monocentric city characterized by distortionary, rigid regulatory mechanisms in the housing market (building height restrictions, zoning and property taxation). The Pigouvian toll is shown to retain its optimality under any setting with...

Persistent link: https://www.econbiz.de/10010464784

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