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Integrating the value of natural capital in evidence-based policy making

Banerjee, Onil; Vargas, Renato; Cicowiez, Martín - 2020

This paper describes how Natural Capital Accounting (NCA) can be integrated into economy wide analytical frameworks to enhance evidence based decision making. Examples from applications of the Integrated Environmental Economic Modelling (IEEM) Platform show how explicitly accounting for the...

Persistent link: https://www.econbiz.de/10012587530

An indicator for ecosystem externalities in fishing

Ravn-Jonsen, Lars; Andersen, Ken H.; Vestergaard, Niels - 2015

Ecosystem externalities arise when one use of an ecosystem affects its other uses through the production functions of … the ecosystem.We use simulations from a size-spectrum ecosystem model to investigate the ecosystem externality created by …

Persistent link: https://www.econbiz.de/10011283691

Methods for modeling public policy and investment impacts on the economy, natural capital and ecosystem services

Banerjee, Onil; Crossman, Neville; Vargas, Renato; … - 2020

spatial land use land cover and ecosystem services models. Endogenizing feedbacks between modeling system components ensures …

Persistent link: https://www.econbiz.de/10012587560

The rise and fall of the Great Fish Pact under endogenous risk of stock collapse

Walker, Adam N.; Weikard, Hans-Peter; Richter, Andries - 2015

Risk of stock collapse is a genuine motivation for cooperative fisheries management. We analyse the effect of an endogenously determined risk of stock collapse on the incentives to cooperate in a Great Fish War model. We establish that equilibrium harvest strategies are non-linear in stock and...

Persistent link: https://www.econbiz.de/10011287058

Bioeconomic factors of natural resource transitions : the US sperm whale fishery of the 19th century

Kaiser, Brooks A. - 2013

This paper uses bio-economic modeling and simulation to investigate the de-mise of the sperm whale industry in the mid-19th century. Petroleum is widely credited both contemporaneously and today with 'saving the whales.' We investigate the transition in illumination technologies from whale oil...

Persistent link: https://www.econbiz.de/10009785365

Comparison between artisanal fishery and Manila clam harvesting in the Venice Lagoon by using ecosystem indicators : an ecological economics perspective

Granzotto, Angela; Pranovi, Fabio; Libralato, Simone; … - 2004

clam harvesting started. A mass-balance model of the lagoon ecosystem was developed using the Ecopath with Ecosim software … impact on the ecosystem. A set of indicators was applied in order to compare the two fishing activities. The results obtained … ecosystem. The above mentioned factors create a lot of conflict between the two types of fishery. …

Persistent link: https://www.econbiz.de/10011606696

Property Rights, Regulatory Capture, and Exploitation of Natural Resources

Costello, Christopher - 2015

We study how the strength of property rights to individual extractive firms affects a regulator's choice over exploitation rates for a natural resource. The regulator is modeled as an intermediary between current and future resource harvesters, rather than between producers and consumers, as in...

Persistent link: https://www.econbiz.de/10012457807

Using Field Experiments in Environmental and Resource Economics

List, John A. - 2013

This study showcases the usefulness of field experiments to the study of environmental and resource economics. Our focus pertains to work related to field experiments in the area of 'behavioral' environmental and resource economics. Within this rubric, we discuss research in two areas: those...

Persistent link: https://www.econbiz.de/10012459372

The Value of Secure Property Rights : Evidence from Global Fisheries

Grainger, Corbett A. - 2011

Property rights are commonly touted as a solution to common pool resource problems. But in practice the security of these property rights varies substantially owing to differences in design. In fisheries, the design of individual transferable quotas (ITQs) varies widely; the consequences of...

Persistent link: https://www.econbiz.de/10012461639