In this paper we are concerned with private sector participation in natural resource management in developing countries. The paper addresses both the establishment (or formalisation) of private property rights to natural resources, and the private markets in which such rights are exchanged. The...

Costa Rica pioneered the use of the payments for environmental services (PES) approach in developing countries by establishing a formal, country-wide program of payments, the PSA program. The PSA program has worked hard to develop mechanisms to charge the users of environmental services for the...

This study is a part of the research project on “Eco-management in agriculture” funded by the Agricultural Academy with period of implementation 2013-2014. This report summarizes the results of the first year and includes: - state of the studies in the area; - theoretical and methodological...

This paper incorporates the interdisciplinary New Institutional and Transaction Costs Economics and suggests a holistic framework for analysis of management agro-ecosystem services. That new approach for analyses and assessment of management of agro-ecosystem services includes: definition of the...

This paper presents the evolution of diverse modes of environmental management in Bulgarian agriculture, and assesses their efficiency and likely prospects of development. First, it analyzes the pace of development and the impact(s) on individual behavior of the major modes of environmental...

This study examines the spatial nature of optimal bioinvasion control. We develop a spatially explicit two-dimensional model of species spread that allows for differential control across space and time, and we solve for optimal spatial-dynamic control strategies. We find that the optimal...

We present an analytical model for determination of the economically optimal harvest age of a forest stand considering timber value, and the value of carbon fluxes in living biomass, dead organic matter, and wood products pools. Through comparative statics analysis, we find that consideration of...