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We estimate the value of competition in United States Forest Service (USFS) timber auctions, in the context of the Reagan administration’s bailout of firms that faced substantial losses on existing co...
Geodiversity, and the geoethical principles for its preservation
Geodiversity Geodiversity value Ethical principles
2015/8/26
The history of the origin and evolution of the term ‘geodiversity’ is described, and its present definitions are given. Several types of values of geodiversity are considered. Moreover, a new type of ...
The Economics of Environmental Preservation: Comment
natural environments irreversible investments preservation
2011/10/6
The article presents comments of authors on a paper by Anthony Fisher, John Krutilla and Charles Cicchetti, titled "The Economics of Environmental Preservation: A Theoretical and Empirical Analysis," ...
The Economics of Environmental Preservation: A Theoretical and Empirical Analysis
economic literature natural resource stocks technological progress environmental opportunity cost
2011/10/4
Concern over the adequacy of nature's endowments has been reflected in economic literature at least from the time of T.R. Malthus. For Malthus, the natural environment was essentially a source of incr...