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This paper examines the issue of incentive-compatibility within environmental stewardship schemes where incentive payments to farmers to provide environmental goods and services are based on foregone agricultural income. The particular focus of the paper is on the role of land heterogeneity,...
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Like the human immune system, a biosecurity system is a constellation of responses to external attacks comprising of many facets, a number of which can change to optimize the response to these unwanted intrusions. When either system hits the wrong target, or is inhibited or crippled somehow, the...
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Ethics and economics have long been viewed, if not as being incompatible, at least as being at odds with each other. This has often translated in the field of environmental policy and management into radical opposition between supporters of economic performance and environmentalists. It has...
Persistent link: https://www.econbiz.de/10010913191
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We present a computational model of fishing fleet dynamics for the Queensland coral reef line fishery. The model runs in a two dimensional space with agents moving between port and the collection of available reefs. The model of rationality is based on the haystack models of game theory, such...
Persistent link: https://www.econbiz.de/10010914791
In this paper, estimates of value for recreational fishing are reported for three major freshwater impoundments in Queensland, Australia, using both travel cost and contingent valuation methods. The research results that are reported have two key methodological distinctions from previous studies...
Persistent link: https://www.econbiz.de/10010914829
Water resource management is a complex process, which requires suitable policy tools that are able to meet objectives of economic efficiency, social equity and environmental sustainability. Meanwhile, irrigation industry has to change its habitual behaviour in managing water when faced with...
Persistent link: https://www.econbiz.de/10010914834
Designing a conservation auction where bidders know the ecological value of their land poses challenges for policy makers because bidders will tend to increase their asking price. This is known as strategic behaviour, and it is particularly prevalent in sequential auction settings. The tender...
Persistent link: https://www.econbiz.de/10010915528