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This paper presents the findings of an economic analysis of Ream National Park, a protected area located in southern Cambodia. The objective is to assess how the establishment or destruction of the Park distributes benefits and costs among different stakeholders. A household survey of local...
Friedman and Savage (Journal of Political Economy 4 (1948) 279) proposed sigmoid utility theory to model the relationship between social class and risk sensitivity. Their proposal has not been explicitly modeled to allow for full testing of the concept. We argue that sigmoid utility arises...
These days, sustainability is a key issue for many private companies that address their sustainable corporate performance (SCP). The perspective is essential for their license to operate and forms the basis for business principles and practices. The lack of internationally accepted reporting...
Many studies have focused on the quantification of the input of materials into the economy. However, the insights provided by those studies have generally been limited. This paper attempts to bring analytical value to the discussion on “dematerialization” considering direct material input...
An integrated framework of economic, environmental and GIS modeling is developed to study cost-effective retirement of cropland within and across multiple watersheds to achieve environmental goals. This framework is applied to 12 contiguous agricultural watersheds in the Illinois Conservation...
South Africa is rich in biological diversity, but measures to conserve this heritage are under-funded and are of relatively low priority at national level. Part of the problem is that the social value of biodiversity is unknown, and thus the potential impact of a loss of biodiversity on social...
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