We study the task faced by an asymmetrically informed supra-national governmental authority (SNGA) with limited funds that wishes to design an international environmental agreement (IEA) for less developed countries (LDCs). The SNGA can't contract directly with polluting firms in the various...

I describe the theoretical and empirical contributions that rigorous economic analysis can make in improving our understanding of the causes of and the solutions to a variety of international environmental problems. I do this by analyzing and summarizing the intellectual contributions of...

In recent times, there has been considerable interest in issues at the interface of the environment and development. In this paper, I review four prominent recent books about the environment and development. In particular, I analyze the contributions of these four books with regard to (i) the...

In contemporary times, a considerable amount of concern has been expressed about the diminution in the USA's old growth forests. There is general agreement among scholars that old growth forests provide amenity services and timber, and that forest harvesting decisions are fundamentally...

Rising interest in sustainable natural resource use and the increasingly disputatious nature of the interactions between developers and preservationists have led to great interest in the topic of apposite natural resource management. This paper considers the question of land development and...

A key goal of renewable resource managers in developing countries is to take actions to ensure that the resource being managed stays away from irreversible or crisis states in which it provides neither consumptive nor non-consumptive services to humans. However, despite a manager's best efforts,...

This paper provides a theoretical analysis of time restrictions in the context of natural resource management in North America. The economic inefficiencies arising from the use of time restrictions to protect natural resources have been well documented by researchers. We first show that in the...

Herding is an integral part of ranch operations in contemporary times. An aspect of herding that has received scant attention in the literature concerns the pros and cons of searching for livestock animals that have wandered away from a pasture and are hence missing from this pasture. Under what...

This paper provides a theoretical analysis of the effects of temporal controls on the stochastic behavior of renewable natural resources such as fisheries and rangelands. First, we show that temporal resource management is characterized by the existence of a threshold effect. Second, we point...

A fundamental objective of rangeland managers all over the world is to take measures to ensure that the rangeland being managed stays away from irreversible states in which it provides little or no consumptive and non-consumptive services to humans. Nevertheless, despite a manager's best...