This study presents a framework for investigating responses to the supply of public recreation opportunities when supply affects both probability of use and frequency of use days. These components are used to estimate the marginal social net benefits of an exogenous increase in the supply of...

Eutrophication has been commonly acknowledged as a typical problem of the Baltic Sea, but it is also emerging in Finnish inland waters. As municipal sources of nutrients have been addressed by enhancing waste water treatment, the pressure has focused to agriculture along with the adoption of the...

Although spending time in a summer home is a popular leisure activity in many developed countries, little is known about the welfare impacts of such recreation in monetary terms. We use data from Finland to provide first estimates of the extent of the recreation benefits obtained from visits to...

Agriculture and municipal wastewater are the principal sources of eutrophying nutrients in many water ecosystems. We develop a model which considers the characteristics of agricultural and municipal nutrient abatement. The model explicitly accounts for the investment needed to set up wastewater...