This paper addresses the following hitherto unstudied question in renewable resource management: How should a resource manager set the temporal control optimally for renewable resources such as rangelands and fisheries that are managed with spatial and temporal controls? We use a dynamic and...

This paper addresses the following hitherto unstudied question in renewable resource management: How should a resource manager set the temporal control optimally for renewable resources such as rangelands and fisheries that are managed with spatial and temporal controls? We use a dynamic and...

Herding is an integral part of ranch operations in contemporary times. An aspect of herding that has received scant attention in the literature concerns the pros and cons of searching for livestock animals that have wandered away from a pasture and are hence missing from this pasture. Under what...

The study of natural catastrophe models plays an important role in the prevention and mitigation of disasters. After the occurrence of a natural disaster, the reconstruction can be financed with catastrophe bonds (CAT bonds) or reinsurance. This paper examines the calibration of a real...

Weather influences our daily lives and choices and has an enormous impact on cooperate revenues and earnings. Weather derivatives differ from most derivatives in that the underlying weather cannot be traded and their market is relatively illiquid. The weather derivative market is therefore...

The present paper gives an overview of the theory of green national accounting. Three purposes of green national accounting (measurement of sustainable income, social welfare or net social profit) and two measures (Green NNP and Hicksian income) are considered. It is argued that sustainable...

Both of previous theoretical interpretations and empirical evidences provide mixed conclusions on the relations among corporate environmental disclosure, environmental performance and financial performance. In this article, I visit these relations under Chinese setting with environmental...

The potential supply of biomass feedstocks in the US and Canada is estimated using a static supply function approach. Estimated total biomass available at a price of $100 per metric ton is 568 million metric tons in the US and 123 million tons in Canada, which together can displace 23-45 billion...

It is nowadays unquestionable that the defense of the environmental quality and to it safeguards of the natural resources are fundamental slopes of the social development. The exploration of the common natural resources (water, air, soil, natural landscapes and humanized) it has been provoking...