Many studies examine the effect of environmental values on environmental behavior. In such empirical analyses it is typically at least implicitly assumed that environmental values are independent of economic preferences from behavioral economics like risk and time preferences, trust, or...

For more than ten years the topics creative class, creative industries and creative regions are on the agenda in economic geography literature. Contributions mainly focus on the distribution, mobility and economic impact of creative individuals or companies from a regional perspective. It is...

We consider fundamental questions of arbitrage pricing arising when the uncertainty model incorporates volatility uncertainty. With a standard probabilistic model, essential equivalence between the absence of arbitrage and the existence of an equivalent martingale measure is a folk theorem, see...

Numerous attempts have been made to evaluate economic impacts by climate change, and the evaluation method can be classified into two approaches. One is a partial equilibrium approach and the other is a general equilibrium approach. The former method includes a travel cost method (TCM) and a...

Shirakami Mountain Range has the largest primeval forest in the world, and has some public functions; the biodiversity function, the water resource cultivation function, the health and recreation function and so on. This study tries to measure its environmental economic value by using the travel...

The 2011 Great East Japan Earthquake hereafter, 'the Earthquake' and the accident involving radiation leakage at Tokyo Electric Power Company's Fukushima Nuclear Power Plant No. 1 hereafter, 'NPP No. 1' brought fame to Fukushima Prefecture but not in a positive way. In general, economic damage...

In our research we measured tourist satisfaction at the destination Portorož - Piran. The survey was conducted with the continuous monitoring methodology, according to the criteria given by the Directorate for Tourism of Slovenia, along with their standardized questionnaire for tourist...

Tourism is one of the most vulnerable industries when facing a global threat of sanitary, economic, or military considerations. From an economic activity comprising nearly 3% of the country's GDP, the tourism has dropped to a flat zero in Romania. For three months, specifically March - May 2020,...

The aim of the study is to compare the methodology of spatial model building of two very influential economists, Thünen and Krugman. Thünen is a representative nineteen century economist and Krugman represents the method of contemporary neoclassical mainstream economics. Thünen is mostly...