Environmental policy instruments generate transaction costs to public and private parties. There is a growing literature reporting on the size of transaction costs produced by environmental policy instruments. This paper extends that literature through an analysis of the factors that influence...

This study employs a comparative analysis of the transaction costs of alternative policy instruments. The institutional approach to the allocation of resources is emerging to supplement traditional analyses of market and government failures. The causes of these failures are many, but often point...

According to neoclassical economic theory, a stated preference elicitation format comprising a single binary choice between the status quo and one alternative is incentive compatible under certain conditions. Formats typically used in choice experiments comprising a sequence of discrete choice...

The implementation of the Conversion of Cropland to Forest and Grassland Program (also known as the Grain for Green Program or the Sloped Land Conversion Program) in North West China is assessed and a number of policy issues discussed based on the results of a cost-benefit analysis of the...

Two choice modelling studies in Australia were designed to test for the effects of variations in geographic scale and scope on WTP values. One case study assessed values for improved natural resource management in a river catchment, and the other assessed values for improved protection of the...

A comprehensive application of the travel cost method (TCM) to the estimation of the recreation use values of Dorrigo and Gibraltar Range National Parks is outlined. As well as providing value estimates that are useful for the development of park acquisition and management policy, the...