Showing 1 - 10 of 75
Because the effectiveness of payment for ecosystem services (PES) programs depends on landowners’ engagement, understanding the relationship between the type of payment and participation is a key issue. This paper reports on a choice experiment that quantifies landowners’ preferences for...
Persistent link: https://www.econbiz.de/10010818759
Fishers in developing countries do not have the resources to acquire advanced technologies to exploit offshore fish stocks. As a result, the United Nations Convention on the Law of the Sea requires countries to sign partnership agreements with distant water fishing nations (DWFNs) to exploit...
Persistent link: https://www.econbiz.de/10008854095
After a commercial whaling moratorium was enacted in 1986, whale watching became one of the fastest growing tourism industries worldwide. As whaling is regarded as an activity that is incompatible with whale watching, the possible resumption of commercial whaling has caused an urgent need to...
Persistent link: https://www.econbiz.de/10008458993
If local communities living adjacent to the elephant see it as a burden, then they cannot be trusted to be its stewards ……ed according to their preferences over the elephant. The median WTP for the preservation of 200 elephants is ZW$260 (US$4.73) for … respondents who considered the elephant a public good while the same statistic is ZW$137 (US$2.49) for those favouring its …
Persistent link: https://www.econbiz.de/10008472093
This paper formulates a bioeconomic model to analyze community incentives for wildlife management under benefit-sharing programs like the Communal Areas Management Programme for Indigenous Resources (CAMPFIRE) in Zimbabwe. Two agents influence the wildlife stock: a parks agency determines...
Persistent link: https://www.econbiz.de/10008509448
This paper examines the size effects of volatility spillovers for firm performance and exchange rates with asymmetry in the Taiwan tourism industry. The analysis is based on two conditional multivariate models, BEKK-AGARCH and VARMA-AGARCH, in the volatility specification. Daily data from 1 July...
Persistent link: https://www.econbiz.de/10010907400
In this paper, the annual maximum daily rainfall data from 1961 to 2010 are modelled for 18 stations in Taiwan. We fit the rainfall data with stationary and non-stationary generalized extreme value distributions (GEV), and estimate their future behaviour based on the best fitting model. The...
Persistent link: https://www.econbiz.de/10010907401
This paper has two primary purposes. First, we fit the annual maximum daily rainfall data for 6 rainfall stations, both with stationary and non-stationary generalized extreme value (GEV) distributions for the periods 1911-2010 and 1960-2010 in Taiwan, and detect the changes between the two...
Persistent link: https://www.econbiz.de/10010907448
This paper tests whether changes in 'incidental emotions' lead to changes in economic choices. Incidental emotions are experienced at the time of an economic decision but are not part of the payoff from a particular choice. As such, the standard economic model predicts that incidental emotions...
Persistent link: https://www.econbiz.de/10011266609
This short working paper summarizes ecosystem service economic valuation methods. The paper begins with an introduction to ecosystem services, and then describes the various methods that can be used to value them. An extensive literature review was carried out, illustrating those ecosystem...
Persistent link: https://www.econbiz.de/10010611891