<i>Dynamic and Stochastic Resource Economics: Essays on Biodiversity, Invasive Species, Joint Systems, and Regulation</i> is a collection of Professor Batabyal's previously published and unpublished papers on the subject of natural resource and environmental economics. The book demonstrates how new...

USDA has spent more than $4.2 billion on wetland restoration and protection over the last two decades. One challenge in allocating these funds is the lack of information on variations in wetland benefits and costs across the Nation. This report discusses the biophysical impacts of new wetlands...

Abstract Bromus Tectorum is an invasive plant species known to reduce abundance of native perennial grasses, increase fire frequency and intensity, decrease animal performance, and alter microbial communities and ecosystem processes. Specifically, in the Intermountain West, Bromus has been...

The paper presents a model that determines when (at which output price level) it is optimum for a firm to invest in environmental technologies and which are the main parameters that affect this decision. Our analysis shows that firms require high output price levels to be induced to invest in...

In New Zealand, it is increasingly recognised, including by government, that water resource allocation and water quality are issues of national importance. Agriculture is frequently portrayed by public media as a major user of water and a major contributor to worsening water quality. We outline...

Recientemente se ha aprobado la reforma de la Ley de aguas, introduciéndose por primera vez en nuestro país la posibilidad de crear mercados de agua. Con ello se confía en promover una distribución más eficiente de este recurso escaso. Este trabajo analiza el impacto que tendría la...