This paper develops a stochastic dynamic model for the purpose of optimal site selection of habitats for an umbrella species in Sweden under conditions of uncertainty in the growth of habitat quality of established conservation areas and in acquisition costs. The numerical dynamic model builds...

This paper develops a dynamic model for cost-effective selection of sites for restoring biodiversity when habitat quality develops over time and is uncertain. A safety-first decision criterion is used for ensuring a minimum level of habitats, and this is formulated in a chance-constrained...

This study demonstrates estimations of economic activities on global, national, and subnational levels using remote sensing data, with a focus on developing economies. It extends a recent statistical framework which uses nighttime lights to estimate official income growth by accounting for...