This paper examines equilibrium properties of local jurisdictions implied by the Tiebout-style model. A set of equilibrium conditions are derived from a general equilibrium model of local jurisdictions. The conditions are parameterized and empirically estimated in a two-stage procedure. The...

Resource purchasing funds have become a major tool for environmental protection and resource conservation. These funds use various strategies to target resources for environmental conservation, the choice of which may lead to striking differences in environmental performance. This paper develops...

The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of negotiations on water allocation and management. We explore the impacts of different economic incentives, a stochastic environment and varying individual preferences on players’...

Cooperation in international environmental agreements appears difficult to attain because of strong free-riding incentives. This paper explores how different technology spillover mechanisms among regions can influence the incentive structures to join and stabilise an international agreement. We...

The stabilisation of GHG atmospheric concentrations at levels expected to prevent dangerous climate change has become an important, global, long-term objective. It is therefore crucial to identify a cost-effective way to achieve this objective. In this paper we use WITCH, a hybrid...

ResumenEn este trabajo se examina el marco regulatorio establecido por la Convención Marco sobre Cambio Climático, el Protocolo de Kioto y sus Mecanismos de Flexibilidad, entre ellos el Mecanismo de Desarrollo Limpio (MDL) y el sistema europo de Comercio de Derechos de Emisión (EU ETS)....

RESUMENLa valoración económica de bienes ambientales complejos presenta una serie de aspectos problemáticos. Este trabajo se centra en dos de ellos: la linealidad de los atributos en función de valor de estos bienes y la heterogeneidad en las funciones de utilidad de los individuos. Para...

The purpose of this paper is to analyse land allocation between competing agri-environmentalcontracts taking into account institutional issues and farm household and farm characteristics. Weconsider a Biodiversity Protection Contract, Landscape Management Contract and a Restriction onIntensive...

This paper identifies information that may be important in determining the benefits ofpreventing toxic water contamination (or equivalently cost of nonaction) when a given toxificationoccurs. It attempts to identify information and behavior issues that need to be considered when weestimate...

Agri-environmental schemes are the main policy instrument currently available in the EU to promoteenvironmentally friendly farming practices. Nevertheless, the adoption rate of these measures is stilllimited. This paper develops a theoretical framework to explain farmer sign-up decision and...