Policy makers aiming to get private landholders to provide non-marketed environmental services need to provide efficient economic incentives. Two ideas have been explored to achieve this: linking contract payments to environmental outcomes and putting the contracts up for tender. This paper...

Conflicts of interest between irrigation and aquaculture in water use from reservoirs in Vietnam can be resolved when trade-offs in the economic value of water can be quantified over time. Determining these trade-offs can be used as a benchmark for making decisions about managing reservoirs...

This study investigates a new problem in the area of environmental valuation: how much is a public environmental asset worth to a private company? We ask this question in the context of dust abatement, where the asset is air quality. A company wants to know what level of dust abatement is...

A Choice Modelling (CM) experiment is developed with the purpose of gaining some insight on how to identify the relevant population for the valuation of an environmental asset. The experiment is based on a survey of Perth residents over the values they attach to Kings Park, the largest urban...

The impact of two greenhouse gas abatement policies on two Mediterranean-type farming systems, grazing dominant and cropping dominant, is examined. The policies analysed are; an emissions taxation policy and an emissions restrictions policy. For both farming systems the restriction policy is...

Auctions are increasingly being considered as a mechanism for allocating conservation contracts to private landowners. This interest is based on the widely held belief that competitive bidding helps minimize information rents. This study constructs an agent-based model to evaluate the long term...

Buying environmental services from private landholders using tendering mechanisms are usually subject to a budget constraint. Auction theory has mostly focused on target-constrained auctions and is not well developed for this type of auction. This paper examines the predictive capacity of a...

Policy makers in Vietnam face difficult choices when deciding reservoir water management strategies between irrigation and fisheries. In this paper, an economic optimization model for water management is developed to facilitate policy makers' decision making. The model includes the response of...

A bioeconomic model of reservoir aquaculture in northern Vietnam is used to investigate the impacts of price and yield risk on the level, variability and skewness of expected net revenue and utility. Prices and yields are assumed to follow lognormal and beta distributions, respectively. Net...