Discounting future costs and benefits is a crucial yet contentious practice in the appraisal of long-term public projects with environmental consequences. The standard approach typically neglects that ecosystem services are not easily substitutable with manufactured goods and often exhibit...

Our research estimates Covid-19 non-fatal economic losses in the U.S. using detailed data on cumulative cases and hospitalizations from January 22, 2020 to July 27, 2020, from the Centers for Disease Control and Prevention (CDC). As of July 27, 2020, the cumulative confirmed number of cases was...

Tourism and recreational home developments generate much of the economic activity at mountain destinations in Norway. At the same time, resulting land use changes pose a severe threat to ecosystem services. Cost-benefit analysis (CBA) is suitable to examine the trade-offs at the heart of many...