It is argued that there is neither regular relationship between changes in the level of the market rate of interest and variations in the rate of biodiversity loss nor does such a regular relationship occur between alterations in the market rate of interest and changes in the rate of natural...

The use of economic incentives for biodiversity (mostly Compensation and Reward for Environmental Services including Payment for ES) has been widely supported in the past decades and became the main innovative policy tools for biodiversity conservation worldwide. These policy tools are often...

This article provides a thick description (Geertz, 1973) of sustainability economics. Baumgärtner and Quaas (2010a, b) have proposed as an alternative to ecological economics the new field of sustainability economics, which has triggered various replies. The purpose here is to order and to...

The aim of this paper is to compare different environmental policies for cost-effective habitat conservation on agricultural lands, when the desired spatial pattern of reserves is a random mosaic. We use a spatially explicit mathematical programming model which studies the farmers' behavior as...

The Agglomeration Bonus (AB) is a subsidy mechanism intended to induce adjacent landowners to coordinate environmental conservation activities. This paper explores the effects of landowner group size on spatial coordination under the AB in laboratory experiments where players are located on...

This paper analyzes the role of property rights in soil conservation. The conventional wisdom in soil conservation and property rights argues that tenants invest less than landlords in sustainable management practices and tend to overexploit soil biota services. The paper examines how this issue...

The extent to which conservation is feasible is constrained by budgets and the financial sacrifice stakeholders are willing to bear. Therefore a possible objective for conserving a species is to minimise the cost of achieving that stated aim. For example, if a minimum viable population (MVP) of...

The possibility that genetically modified (GM) crops may contaminate non-GM crops through pollen-mediated gene flow presents a challenge to coexistence of GM agriculture with conventional and organic farming systems. In this paper an analytical model of coexistence is developed that allows for...

This paper examines the welfare dimension of the recreational services of coastal ecosystems. First, we construct a global database of primary valuation studies that focus on recreational benefits of coastal ecosystems. Second, the profile of each of the 253 individual observations is enriched...

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...