Both Barrett (1991) and Hoel (1991) show that uniform solutions cannot guarantee that the IR constraint is satisfied. This drawback of uniform solutions dramatically reduces feasibility of uniform solutions. However, when uniform reductions are property specified, this conclusion is no longer...

The EU regulation of fisheries is decided in two levels. The level of the total allowable catch (TAC) for the most important species is decided every year by the Council of Minsters. The TACs are allocated to the Member States as quotas. The Member States determine who is going to harvest the...

This paper presents estimates of the economic impact of recreational fisheries on the formal economy of Denmark. It utilises primary data from a CVM (con-tingent valuation method)-mail survey conducted in 1999 in Denmark, Norway, Finland, Sweden and Iceland. The sample used in this paper covers...

Why did the climate negotiations in The Hague fail? Our contribution is to argue that the conflict between the European Union and the United States stems mainly from disagreement on the cost issue. We argue that three main concerns promoted by the European Union in The Hague, i.e. a 50% national...

Rudolf Christiani er i dag vel ikke kendt af særlig mange. Sikkert ikke mange vil vide, at han var medstifter af ingeniør- og entreprenørfirmaet Christiani & Nielsen, færre endnu vil huske, at han i to perioder var medlem af rigsdagen valgt for Venstre og kun et fåtal er bekendt med nogle...

We find three intertwined ambitions that drove federal legislation over wildlife and biodiversity at the beginning of the 20th Century: establishment of multiple-use federal lands, the economic development of natural resources, and the maintenance of option values. We examine this federal...

In this article, we look at the combination of several market-based climate and energy policies and compare them with first best solution, i.e., a perfectly designed emission tax or emission cap level. It is shown that in the case an emission control policy is imperfect designed or implemented,...