This paper examines the optimal location of a competitive firm in response to environmental costs imposed by the abatement investment and taxes when the cost of the environmental regulation varies spatially under uncertainty. It contributes to the literature by incorporating the spatial setting...

Replaced with revised version of paper 08/25/03.

Marine ecologists warn that humans are "fishing down marine food webs." To explore the economic implications of this phenomenon, this paper applies portfolio theory to aggregate fisheries data. It poses two definitions of a sustainable mean-variance catch frontier. It computes a mean-variance...

Economists usually assume that the private ethical system of individuals is Utilitarian. However, one finds a much broader range of ethical positions in the environmental ethics literature. Moreover, environmental policy debates seem to elicit alternative ethical systems. It would therefore seem...

Using a survey of western Canadian agricultural landowners, we examine the cost and viability of two distinct afforestation options for carbon-uptake purposes. Responses to two separate, but most-likely related willingness to accept compensation questions are elicited using the contingent...

Confined animal production in the U.S. and its associated discharge of manure nutrients into area waters is considered a leading contributor to current water quality impairments. A common option to mitigate these impairments is to limit land application of manure. This paper evaluates the...

An important policy decision in managing invasive species is how to allocate resources between activities aimed at preventing the arrival of new pests - including additional arrivals of existing pests - and activities aimed at reducing the damages done by species that are already here. We...

This paper investigates the economic and environmental cost-effectiveness of two point-nonpoint source water pollution trading projects under the NPDES framework in the Minnesota River Basin. It was found that while transaction costs were substantial, trades involving long lifetime structural...

The environmental effects of various 'quality' and 'eco-labeling' programs in the Midi-Pyrenees region of the south of France are analyzed, using factor analysis, analysis of variance, and qualitative analysis. Implications for agri-environmental policies on both sides of the Atlantic are discussed.

It has been argued that the traditional regulatory approach of the Endangered Species Act, based on land-use restrictions, has failed to protect endangered species on private land. In response, there has been a call for the use of incentives to complement this regulatory approach. This paper...