Starting from a world in which resources have become scarce and planetary boundaries have been reached or exceeded, the paper discusses how these changes affect our understanding of (economic) progress and sustainable development. In doing so, the paper addresses three important points in the...

The planet's resources are finite and must be used rationally and responsibly to ensure a sustainable economy. On the basis of modern innovations and technologies, new sources of consumption or new ways to reduce the environmental impact of consumption can be found. Changes in the external...

The São Francisco River Transposition Project was proposed by the Federal Government as one of the solutions to overcome water insecurity in part of the Northeast Brazil. This study was proposed with the objective of evaluating water security, in the human, economic, ecosystem and resilience...

In this study, we provide causal evidence on the capacity of monetary incentives to encourage real-life local leaders managing water and land to improve their procedural fairness. We report results from incentivized decisions and surveys conducted with local leaders in rural Namibia (n=64) and...

We employ an open economy general equilibrium model to investigate the effects of governmentenergy policy, with an emphasis on corn-based ethanol, on the U.S. economy. The modelspecification incorporates world and domestic markets, assumes pollution costs from fuelconsumption, and allows...

This paper studies equilibrium search and learning in a dynamic shing gamethat is played by independent shermen and by members of an information sharingCooperative. Once collected, information about the location of productive sh-ing sites is an excludable public good. We show that independent...

Models of fishing behavior rarely incorporate the complexities of marine ecosystems,multiple-stock harvest technologies, and regulations present in real world marinefisheries. We introduce a structural model of a multi-species, weak-output-disposabilityharvest technology. A latent...

This paper estimates a structural model of multiple-species harvesting costs in the easternGulf of Mexico reef fish fishery. The calibrated model is used to predict fleet size, vessellevelharvesting activity and fleet-wide revenues and costs that are expected under a proposedindividual fishing...

This paper considers the problem of multi-species fisheries managementwhen targeting individual species is costly and at-sea discards of fish by fishermenare unobserved by the regulator. Stock conditions, ecosystem interaction, technologicalspecification, and relative prices under which at sea...

This paper examines search with active learning and correlated information. We firstdevelop a simple model to show how correlation affects the decision to acquire information.A unique data set on fishing site choice by mid-Atlantic clam fishermen is used to test themodel predictions. Results...