This paper presents the evolution of diverse modes of environmental management in Bulgarian agriculture, and assesses their efficiency and likely prospects of development. First, it analyzes the pace of development and the impact(s) on individual behavior of the major modes of environmental...

In this paper the efficient allocation of natural recreational areas is analysed. Natural recreational areas have the features of public goods. We present the efficient allocation of this non-excludable public good in a rational general equilibrium model with heterogeneous agents. This allows us...

This paper examines monetary valuations of lost passive-use benefits associated with damage to a unique environmental resource – a national park, elicited through contingent valuation, and compares them with actual donations to the same end, where the latter are interpreted as a quasi-market...

Coastal amenities and risk are so highly correlated that separate identification within the hedonic framework is potentially challenging. In this study, we construct a three-dimensional measure of ocean view, viewscape, accounting for natural topography and built obstruction that varies...

Natural ecosystems and traditional land use systems have an important role in the life and well being of the rural population of Timor-Leste. The land itself is the support of natural ecosystems and subsistence agriculture of rural populations of East Timor and is the main focus of this...

Hypothetical bias remains a major problem when valuing non-market goods with stated preference methods. Originally developed for Contingent Valuation studies, Cheap Talk has been found to effectively reduce hypothetical bias in some applications, though empirical results are ambiguous. We...

This paper incorporates the interdisciplinary New Institutional and Transaction Costs Economics and suggests a holistic framework for analysis of management agro-ecosystem services. That new approach for analyses and assessment of management of agro-ecosystem services includes: definition of the...

This paper presents the results of the first large-scale study on forms, factors, and efficiency of eco-management in Bulgarian agricultural farms of different juridical type, size, specialization, and location. First, a brief characterization of surveyed “eco-active” farms is made,...

This paper presents the results of the first large-scale study on forms, factors, and efficiency of eco-management in Bulgarian agricultural farms of different juridical type, size, specialization, and location. First, a brief characterization of surveyed “eco-active” farms is made,...

We investigate environmental aspects of agriculture from a welfare economic perspective and show that both positive and negative effects exhibit the character of undepletable externalities. To internalise these externalities while taking equity concerns into account, we propose compensation of...