Machine generated contents note: PART I FRAMEWORK FOR ANALYSIS OF CONSERVATION POLICY -- 1 Martin L. Weitzman (1998), 'The Noah's Ark Problem', Econometrica, 66, pp. 1279-98. -- 2 Stephen Polasky and Andrew R. Solow (1999), 'Conserving Biological Diversity with Scarce Resources', in J. Klopatek...

We model countries' choice of greenhouse gas (GHG) emissions as a dynamic game. Emissions generate immediate benefits to the emitting country but also increase atmospheric GHG concentrations that negatively affect present and future welfare of all countries. Because there are no international...

Preface -- Introduction -- Four economic questions about climate change -- How much pollution is too much? -- Ethics and economics -- Pollution and resource degradation as externalities -- The efficiency standard -- Measuring the benefits of environmental protection -- Measuring the costs of...

"This ninth edition of Economics and the Environment is the third to include Dr. Stephen Polasky as a coauthor, who has brought to the text a reworked and stronger focus on natural resource economics and ecosystem services. This book was first published almost 30 years ago in 1992, as the Rio...

We analyze how the threat of a potential future regime shift affects optimal management. We use a simple general growth model to analyze four cases that involve combinations of stock collapse versus changes in system dynamics, and exogenous versus endogenous probabilities of regime shift. Prior...

We analyze how the threat of a potential future regime shift affects optimal management. We use a simple general growth model to analyze four cases that involve combinations of stock collapse versus changes in system dynamics, and exogenous versus endogenous probabilities of regime shift. Prior...

Since 1999, China has spent RMB 50 billion (about US$7 billion) to implement the "Grain for Green" programme, the largest land retirement programme in the developing world. From 1999 to 2003, over 7.2 million hectares of agricultural land were retired under the programme. However, many farmers...