Chapter 1: Although there are widely accepted theoretical explanations for overexploitation of common-pool resources, empirically we have limited information about the micro-level mechanisms that cause individually efficient exploitation to result in macro inefficiency. This paper conducts the...

A Renewable Portfolio Standard (RPS) is a policy tool that sets a requirement for retail sellers of electricity to provide a minimum portion of their electricity sales from renewable resources. The RPS at state levels has become one of the most important policy incentives for stimulating clean...

Valuing ecosystem services with microeconomic underpinnings presents challenges because these services typically constitute nonmarket values and contribute to human welfare indirectly through a series of ecological pathways that are dynamic, nonlinear, and difficult to quantify and link to...

This paper examines the joint agro-wildfowl regulation of the Tule Lake National Wildlife Refuge in California. The area is jointly managed by the Bureau of Reclamation for both farming and wildfowl benefits. Production in both sectors has been declining recently, in farming due to nematode and...

This paper explores production surfaces for a spatially differentiated renewable resource. By analyzing steady state harvests for a fixed amount of total harvesting effort, the conceptual model evaluates management using protected areas and assesses the importance of assumptions about spatial...

This paper outlines an empirical bioeconomic model that is spatially explicit. It combines a metapopulation model of sea urchin biology with a discrete choice econometric analysis of harvester behavior. Discrete choice results are used to simulate short-term spatial closures in the fishery, and...

In many developing countries a lack of property rights leads to unsustainable harvests of traditionally exploited renewable resources. Product and labor market failure due to trans-action costs can either exacerbate or offset this overexploitation. Combining a model of open access fisheries...

Life history models can include a wide range of biological and ecological features that affect exploited fish populations. However, they typically treat fishing mortality as an exogenous parameter. Implicitly, this approach assumes that the supply of fishing effort is perfectly inelastic. That...