Payments to people or businesses to undertake environmentally beneficial works have become more common in recent decades. From an economic perspective, are they a good
read moreFree-rider problems can be serious impediments to good management of environmental or natural resource assets. The example of milk in the office fridge illustrates many
read moreEnvironmental advocates damage their own cause by confusing two distinct questions about the public environmental budget. In recent years I’ve put quite a bit of
read moreThe medical idea of triage has sometimes been discussed in relation to environmental management. Some aspects of the idea are relevant, but overall it is
read moreLong-time readers of Pannell Discussions will recall the public: private benefits framework for selecting policy tools in environmental programs. I first presented the framework in
read moreI was helping someone recently with advice about a good basic strategy for doing sensitivity analysis with an economic model. Here is my advice. Sensitivity
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