The aim of this study was to estimate the values to protect the health of the Great Barrier Reef (GBR) at the national level and to examine the effects of distance decay on valuation estimates. Two choice-modelling experiments were conducted in six locations: a regional town within the GBR...

In a stated preference valuation survey, the expected benefits of environmental policies are generally presented to respondents without reference to the fact that the predicted outcomes are rarely known with certainty. This omission may reduce the credibility of the valuation scenario and...

Quotas are frequently used in the management of renewable resources and emissions. However, in many industries there is concern about their basic effectiveness due to non-compliance. We develop an enforcement model of a quota-regulated resource and focus on a situation with significant...

This paper introduces a computationally convenient measure of structural diversity based on absolute deviations between relative shares of individual groups forming a community. A conceptual framework is developed, some theoretical properties of the measure are derived, and its close relation to...

Previous research proposes that human beings are motivated to protect endangered species for various reasons: consumptive use value, non-consumptive use value, non-use value, and intrinsic value. However, it has been difficult to tease apart these values at the behavioral level. Using an...

This article surveys various aspects of the measurement of environmental quality from the view point of national accounting and welfare economics. It focuses on the question whether GNP or NNP should be corrected for environmental change (‘green’ or ‘eco’-GNP) or whether physical...

This paper deals with possible foreign reactions to unilateral carbon demand reducing policies. It differentiates between demand side and supply side reactions as well as between intra- and inter-temporal shifts in greenhouse gas emissions. In our model, we integrate a stock-dependent marginal...