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Persistent link: https://www.econbiz.de/10008585969
The central common feature of a number of recent technological developments (collectively referred to as Web 2.0) is collaborative production of content on an amateur basis, that is, for motives other than commercial reward. Amateur production of content generates significant external benefits...
Persistent link: https://www.econbiz.de/10008585970
Persistent link: https://www.econbiz.de/10008585973
In this paper we consider the problem of accommodating indigenous cultural heritage values in resource assessment and valuation. We suggest a need for price-based approaches to valuation to be replaced by or complemented with quantitative constraints, reflecting the requirement that rights...
Persistent link: https://www.econbiz.de/10008585974
The precautionary principle, presented as a guide to environmental policy decisions in the presence of uncertainty, has been the subject of vigorous debate. However, the has generally not been discussed in relation to formal theories of choice under uncertainty developed as generalizations of...
Persistent link: https://www.econbiz.de/10008585976
The standard approach to modelling production under uncertainty has relied on the concept of the stochastic production. In this paper, it is argued that a state-contingent production model is more flexible and realistic. The model is applied to the problem of drought policy.
Persistent link: https://www.econbiz.de/10008585981
Most urban areas in Australia are facing the prospect of increasing scarcity of water. Further pressure arises from evidence that existing levels of water use in many catchments are environmentally unsustainable. One option, feasible for some but not all Australian cities is the diversion to...
Persistent link: https://www.econbiz.de/10008585983
High population pressure and the rapid pace of human activity including urbanization, industrialization and other economic activities have led to a dwindling supply of arable land per capita and a process of agricultural intensification in South Asia. While this process has significantly...
Persistent link: https://www.econbiz.de/10008585984
Most settled parts of Australia, notably including the Murray-Darling Basin, experience low and highly variable rainfall levels. Both medium-term cycles such as the Southern Oscillation and longer term climate change contribute uncertainty in additional to that arising from seasonal...
Persistent link: https://www.econbiz.de/10008585986
The purpose of this article is to provide a framework for discussion of the current policy issues surrounding management of the Great Artesian Basin, with reference to the historical development of existing legislation and institutions. Of particular interest is the applicability of lessons...
Persistent link: https://www.econbiz.de/10008585996