The authors have studied the effects of global economic development on individuals and cultures for the last three decades and have concluded that the most strategic and effective way of building a more positive future is through economic localisation. Fundamentally, localisation is about...

A possible approach to the management of the multispecies multi-gear fishery in a developing country was explored. The small petagics fishery in central Philippines was analyzed in three stages. A dynamic pool model represented the dynamics of the stocks. The optimal allocation of catch across...

The rise of ecosystem management as an approach to renewable resource policy increases the demand for empirical bioeconomics. This paper provides a working definition of bioeconometrics and a taxonomy of model types. A bioeconometric model is a structural model that econometrically estimates one...

We develop a dynamic model of livestock disease and decentralized economic behavior as a jointly-determined system. By accounting for feedbacks between behavioral choices and disease outcomes we capture the endogenous nature of infection risks. We consider government mandated testing of...

Growing trees with crops has environmental and economic implications. Trees can help prevent landdegradation and increase biodiversity while at the same time allow for the continued use of the land toproduce agricultural crops. In fact, growing trees alongside crops is known to improve both the...

Increasingly, environmental problems are recognized to involve linkages across multiple environmental variables (e.g., pollution and a fishery). Prior work on managing these complex, linked systems generally focuses on efficiency rather than implementation. However, implementation is important...

We present a bioeconomic model of a harvesting industry operating over a heterogeneous environment comprised of discrete biological populations interconnected by dispersal processes. The model generalizes the H. S. Gordon [1954]/V. Smith [1968] model of open-access rent dissipation by accounting...

To help guide development of the Gross National Happiness (GNH), this paper analyzes Western economic systems. Drivers of environmental and social problems will be discussed with the goal of helping Bhutan avoid these pitfalls. The paper then suggests a strategy for developing the GNH as well as...

China’s Creative Industries explores the role of new technologies, globalization and higher levels of connectivity in re-defining relationships between ‘producers’ and ‘consumers’ in 21st century China. The evolution of new business models, the impact of state regulation, the rise of...