Environmental and resource economists often use models that include uncertainty and ways
to reduce that uncertainty through learning. Using a standard environmental and resource …

Against a backdrop of rising uncertainty driven by a warming climate, environmental policy
has become increasingly reliant on precautionary buffers to safeguard public health, prevent …

This paper explores how regulation of an open access fishery influences the value of a
coastal habitat that serves as breeding and nursery grounds. A model of the fishery …

This study investigates the effects of changes in terms of trade (tot) on economic indicators in
net oil-importing countries. Findings demonstrate that improving trade conditions lead to …

While property rights-based management is theoretically purported enhance economic
efficiency in fisheries by reducing over-capitalization and extending fishing seasons, the …

In a renewable resource based overlapping generations (OLG) model without harvest costs,
a complex combination of the time discount factor, the resource production share, and the …