"The sustainable management of the commons is now being highly discussed with the recognition of the role played by the commons for social welfare and realizing the necessity of maintaining the stock of common resources for well being of the future generations. However, just like for other...

The literature on trade in renewable resources implicitly assumes that the traded resources are perfect substitutes. We model trade in renewable resources as stipulated not only by autarky price differences, but also by consumers' love of variety. We show that the love-of-variety effect enables...

The importance of space in analyzing issues pertaining to renewable resources can hardly be overstated. Many such resources are mobile and spatially heterogeneous with respect to bio-economic variables, with important implications for both domestic management regimes and for international...

This work provides an extensive review of the literature on trade and environmentalissues that has been growing since the early 1990s. The gaps in this literature areidentified and generalizations are provided from results that are scattered.Next, we contribute to this literature by studying a...