This paper applies the concept of damage coefficients introduced in Houba and Kremers (2008) to provide an estimate of the cost of climate change - in particular the cost of changes in mean regional temperature and precipitation - to the fruit vegetation sector. We concentrate on the production...

Nitrogen management policies introduced in the past decades by some OECD countries have succeeded in reducing excess nitrogen use by farmers, but half of global mineral fertiliser use is still lost for crops. While about half of OECD countries have nutrient surpluses of between 25-50 kg N per...

Using the numerical technique of value iteration, this paper imposes several sustainability constraints on a simple multi-sector agroecosystem model, and provides analysis of the costs tradeoffs of the product and externality affected sectors both within and between generations. Results show...

Technologies such as social media, autonomous vehicles, and “big data” analytics generate enormous benefits for society, but they also create substantial harms. Many of these effects take the form of externalities—external benefits and harms that a decisionmaker (such as an inventor)...

There are severe issues of public open space (POS) underinvestment and overexploitation. However, few studies have been conducted on the property rights structure and its impacts on rural commons governance, specifically concerning local neighbourhood residential POS quality and sustainability....

Municipal zoning, shockingly, may be the most consequential regulatory program in the United States. The Article develops metrics for measuring the extent to which a locality's zoning practices are exclusionary, that is, limit the possible construction of least-cost housing. It applies the...

Numerous policies encourage the preservation of open space in urban areas. Two of many examples are large-lot zoning and tax benefits to donors of conservation easements. These policies rest on the plausible inference that an open space can benefit nearby residents, for instance, by enhancing...

The paper discusses basic facts and frameworks about the externalities associated with lands covered with forests, such as externalities related to soil and water; biodiversity and genetic resources preservation; carbon sequestration and stock; and aesthetic, option and existence values. The...

This article explores how deeply held philosophies and environmental risk allocation are "real" values in terms of enivronmental impacts, and as such should be considered under NEPA. If this were the case, this would make the operation of NEPA more transparent and efficient

This paper revisits the Tragedy of the Commons - a Pareto-dominated overuse of a common resource - through the lenses of Stoicism, and, in particular, of the Stoic discipline of desires, according to which one should wish for nothing that is not under one's control. When the Stoic discipline of...