Environmental concerns are becoming increasingly popular and nowadays find their place on the policy-makers agenda. The basic question that arises in these circumstances is whether environmental theses are consistent or not with the economic theory. Environmental issues must go through the...

While carbon taxes and other market-based instruments are widely regarded as optimal for climate mitigation, political constraints have prevented governments from using them. Instead, narrower instruments, including the feed-in tariff (FIT) for renewable electricity generation, have become...

This paper argues that there are many challenges to designing and implementing water and sanitation interventions that actually deliver economic benefits to the households in developing countries. Perhaps most critical to successful water and sanitation investments is to discover and implement...

This review provides a timely summary of the current understanding of the various impacts and contributes positively to the policy debate. We have several key conclusions: (1) Biofuels are diverse and evolving; (2) Greenhouse gas (GHG) benefits vary significantly across various types of biofuels...

Abstract We develop an empirical framework for evaluating the profitability of the use of barn owls to control rodent populations by locating nesting boxes in agricultural areas. Barn owls’ behavior is incorporated into the analysis by estimated functions that relate agricultural production to...

Agencies throughout the world are implementing plans to preserve open spaces. The demand to preserve open space is often justified based on the value of the amenities associated with the land. However, many times open space is valued most for what it is not: the absence of negative externalities...

Behavioural economics attracted attention from environmental economists: it should help to understand why people do not respond to environmental policy measures, based on neoclassical assumptions, as predicted by theory. Moreover, understanding motives and driving forces behind pro-social,...

The first conference of the newly-born Italian Association of Environment and Resource Economists (IAERE) took place in Ferrara last February 8-9, 2013. Professor Marzio Galeotti, Chairman of the Association, describes its main goals and gives a brief overview of the event.

This article evaluates the cost-effectiveness of the Catchment Care Australian conservation auction. It provides evidence of auction cost effectiveness, and estimates cost savings from two discrete components: (i) the opportunity cost revelation incentive provided by the auction mechanism, and...