This paper consists of a critical analysis of the British school of market socialism and a discussion of participatory planning as an alternative model for a socialist economy. It concludes that market socialism's claim to combine efficiency with socialist objectives is incoherent and that,...

This paper uses a non-market valuation study to elicit consumers' preferences for a marine restoration programme in the Black Sea aiming to reduce the level of public health risk from bathing and improve water quality and the overall level of marine biodiversity. In this context, we administer a...