For poor areas dealing with economic decline, finding development engines is a crucial issue, and natural resources are often the only asset communities have. In the paper it is argued that concept of the network governance can be applied to understand the situation, where local sustainable...

This paper outlines a conceptual framework for dealing with non-efficiency objectives in the pricing of publicly controlled natural resources. A general equilibrium model is developed and issues of model specification and solution are discussed. Finally, a numerical example serves to illustrate...

Market based mechanisms are growing in importance in environmental policy making. In theory market based mechanisms equate marginal abatement costs between polluting sources, thereby allocating emissions control responsibility at least cost. The step from theory to field implementation is,...

Previously titled: The scope for institutional autonomy in a large groundwater basin: the potential for collective action in Western Australia

Groundwater extraction can have varied and diffuse effects. Negative external effects may include costs imposed on other groundwater users and on surrounding ecosystems. Environmental damages are commonly not reflected in market transactions. Groundwater transfers have the potential to cause...