The literature on trade in renewable resources implicitly assumes that the traded resources are perfect substitutes. We model trade in renewable resources as stipulated not only by autarky price differences, but also by consumers' love of variety. We show that the love-of-variety effect enables...

Public trustees at the state, federal, and tribal level are tasked with ensuring that those responsible for destroying or damaging natural resources sufficiently compensate the public for its loss. Those trustees have the fiduciary duty to maintain and restore the natural resources within the...

The crisis of Greater Darfur region continued for the past eight years with so many postulations of the reasons behind the rebellions and uprisings there. Many voiced their concerns about human sufferings, but all agreed on that reasons focus on less or non-existent development. United Nations'...

Open access, competitive exploitation can be incredibly damaging to valuable resources and the human populations that depend upon them. Even though wealth, resource rents and stocks are at stake, open access often seems to be ineffectively addressed across time and space. Institutions vary....

This paper examines a variety of approaches to the issue of Nile river Basin planning with a special reference to the model of The Permanent Joint Technical Commission of the Nile Waters between Sudan and Egypt (PJTC) and experiences from eleven Sub-Saharan African (SSA) River Basin...

Pacific salmon, the signature species of the Pacific Northwest, have declined across their range for well over a century, due to a myriad of human-caused effects on their habitat and the fish themselves. Restoration efforts—some successful, some halting—began earnest in the late 20th...

Using the universe of construction permits, sales and land use in Flanders (Belgium), we present new evidence on frictions in the land market. First, developed parcels for assembly projects are bought at a premium of 17%. This premium is not the result of differences in land use restrictions,...

User rights in fisheries refer to the rights of fishers to harvest from fish resources. In terms of exclusivity, security, duration and transferability these rights can be strong or they can be weak. For this a definition of and a measure of the strength of user rights is needed. We refer to...

We present a model of a multi-species fishery and show that (i) consumer preferences for seafood diversity may trigger a sequential collapse of fish stocks under open-access fishery, (ii) the stronger the preferences are for diversity the higher is the need for coordinated multi-species...