Most current environmental policy analyses use Value of a Statistical Life (VSL) figures inferred from workplace safety and traffic accident contexts to compute the benefits of environmental programs that avoid premature deaths. There is considerable debate about the appropriateness of this...

To decide on the policy measures to be implemented, policymakers need comprehensive information on the costs and benefits of land conversion for society. Accordingly, the EU Biodiversity Strategy requires the member countries to assess their ecosystems and the economic value of their ecosystem...

Using information on climate transition risks embedded in US equity mutual fund portfolios, we report evidence that mutual fund investors consider climate-related transition risk to be an undesirable fund feature and accordingly allocate more money to funds with lower climate-related transition...

This study uses the directional output distance function, a multi-output economic production frontier model, to value the physical tradeoffs between agricultural production and wetland condition in the U.S. Mid-Atlantic region Nanticoke River watershed. We combine detailed ecological indicator...

The world's largest concentration of cold-water coral (CWC) is found off the Norwegian coast. Most CWC discoveries are recent, posing new challenges for Norwegian coastal and fishery authorities regarding the management of deep-sea resources. Scientific knowledge of CWC is limited, and many...

Climate change scenarios predict an increase of extreme rain events, which will increase the risk of wastewater flooding and of missing legal water quality targets. This study elicits the willingness to pay to reduce ecological and health risks from combined sewer overflows (CSOs) in rivers and...

Ecosystem services valuation has achieved considerable prominence in research and policy circles in recent years. This paper reviews the studies that have tried to estimate the value of forest ecosystem services. Broadly, this study addresses the following questions: (1) What insights do these...

This paper explores the relationship between the print media and toxic releases in the first wave of Toxics Release Inventory (TRI) filings. It first studies the degree to which neighborhood characteristics like racial composition and income status associate with the number of newspaper articles...

This study monetizes the environmental damage and human health risk externalities associated with the life-cycle production and use of ethanol biofuels from corn-based and cellulosic feedstocks. An integrated economic-environmental assessment framework couples the measured emission impacts from...

This paper assesses the value of mitigating erosive runoff events in a severely prone watershed of France using a discrete choice experiment approach. Good farming practices are integrated together with flood protection programs within a common management policy. The inclusion of risk exposure...