The growing discussion on questions of environmental management has given rise to consideration of such matters in relation to the economic development of the Third World. Economic development is accompanied by damage and disruption to both the physical and social environment, and the extent to...

Many of the main scientific challenges in the fields of development, environment, and resource economics have a microeconomic foundation wherein behavioral elements play a significant role. Preferences with respect to risk, time, societal others, and the environment shape the decision-making...