Industrial pollution can have damaging effects on resource-based productive sectors. International trade creates opportunities for overexploitation of the open-access renewable resources but also for separating the sectors spatially. The paper shows that, depending on the relative damage...

The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet - in regard to natural...

The present research has been developed within the EU FP7 VECTORS project (http://www.marine-vectors.eu/). The main scope of the project (2011 - 2015) has been to evaluate, from a multilateral perspective, drivers, pressures and vectors of changes in marine life of three main European seas...

The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet - in regard to natural...

The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet - in regard to natural...

The present research has been developed within the EU FP7 VECTORS project. The main scope of the project (2011-2015) has been to evaluate, from a multilateral perspective, drivers, pressures and vectors of changes in marine life of three main European seas (Baltic, Western Mediterranean, North),...

We simulate potential costs, market returns, and nonmarket ecosystem benefits for commercial bottom oyster reefs, off-bottom oyster aquaculture, oyster-based living shorelines, and (non-harvested) restored oysters reefs. Results indicate that the range of benefits accruing from commercial bottom...

Habitats and the ecosystem services they provide are part of the world's portfolio of natural capital assets. Like many components of this portfolio, it is difficult to assess the full economic value of these services, which tends to over-emphasize the value of extractive activities such as...

Artisanal fishery in the Venice lagoon is a multi-target activity with a long tradition. It was the main fishing activity till the late '80s when, after the introduction and spread of the Manila clam (Tapes philippinarum), the mechanical clam harvesting started. A mass-balance model of the...

We develop and apply a new method for estimating the economic benefits of an environmental amenity. The method fits within the household production framework (Becker 1965), and is based upon the notion of estimating the derived demand for a privately traded option to utilize a freely-available...