Understanding the recreational value of natural resources is crucial to effective conservation programmes. When natural resources are threatened with dire consequences by human activities, their recreational value is greatly reduced, thus affecting their contribution to conservation programmes....

The study assesses the recreational value of the Hon Mun islands in Nha Trang Bay, Vietnam. It compares the economic benefits that tourism on the islands provides with those expected from the proposed expansion of a nearby port. It finds that the potential benefits from port expansion are...

This study assesses the willingness of people in Ho Chi Minh City, Vietnam to pay for improvement in their water supply system. It also investigates what aspects of water supply, such as quality and water pressure, are most important. The study was carried out in response to the growing number...

In developing communities, good governance has become imperative to both responses to the emerging climate change problems and rural development. Getting good governance requires improvements in all dimensions of the public sector, e.g., democratic government, empowerment of the poor, access to...

This study entails an analysis of the technical efficiency of natural rubber production by state farms in Vietnam. A time-varying stochastic frontier production function model for unbalanced data is estimated for 33 farms. Individual farm technical efficiencies are reported and discussed. One of...

We obtain rich measures of risk preferences of poor farmers in Vietnam, and estimate structural models that capture risk preferences over different probability levels and across different domains (gains and losses). The results break radically with the previous literature on risk preferences, in...