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We review the bioeconomic and disease ecology literatures on managing the spread of infectious diseases among and between wild and domestic animals. Management recommendations derived from these two literatures are compared and shown to differ due to the way each treats human behaviors....
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We develop a demographically-based approach for estimating the utility discount rate (UDR) portion of the Ramsey rule. We show how age-specific mortality rates and life expectancies imply a natural UDR for individuals at each age in a population, and these can be aggregated into a...
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The tradable or transferable permit system, “cap and trade”, is one of the most innovative policy options developed by environmental economists. Over the last 40 years, cap and trade programs have been used around the globe by some of the world’s biggest economies. By placing a cap on a...
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