This analysis provides an example of how biodiversity can be measured by means of different indicators, and how the latter can be used to assess the influence of the biodiversity profile of a region on the tourism flows towards it. Previous studies have considered environmental amenities as one...

Weitzman's Dismal Theorem has that the expected net present value of a stock problem with a stochastic growth rate with unknown variance is unbounded. Cost-benefit analysis can therefore not be applied to greenhouse gas emission control. We use the Generalized Central Limit Theorem to show that...

The realization of many of the United Nations (UN) sustainable development goals (SDGs) depends on bolstering the performance of service sectors and improving access to specific services in developing countries. We show that prevailing services, trade, and investment policies affect access to...