Mangroves are considered ecologically important due to their role as breeding grounds and nursery habitats for off-shore fisheries. However, mangrove deforestation through conversion to shrimp aquaculture threatens this valuable function. This paper develops a "dynamic" production function...

The economics of outdoor recreation deals with the supply of and demand for natural resources for recreational purposes. This chapter discusses the conceptual and empirical approaches, problems, and solutions encountered in applying economics to the provision of natural resources and explains...