The impact of economic activity on the environment is considered an external effect when it is not taken into account in the decision‐making process of economic agents. This chapter introduces the…

Coral reef ecosystems provide many important services to society. Their importance is not only proved by their beauty but also because they provide food and livelihood for millions of people in…

The world faces critical water risks in relation to water availability, yet water demand is increasing in most countries. To respond to these risks, some governments and water authorities are…

This paper aims to review empirical studies regarding factors influencing farmers’ adaptation to climate change and document those factors in a systematic manner. Adaptation to climate change is an…

Resource rent in aquaculture (RRA) is any payment to a farm and site owner, on land or sea, in excess of the costs needed to bring that farm into production. For analytic and policy purposes it may be…

Cultural norms diverge substantially across societies, often within the same country. In the present paper, we propose and investigate the selective migration hypothesis, proposing that cultural…

An investigation about the adaptive capacity of residents in Ho Chi Minh City when facing the flooding problems which have frequently happened in recent years. Although the government has spent a lot…

This paper estimates the causal effects of education on political concern and political participation in Vietnam by employing the 1991 compulsory schooling reform to instrument for plausibly exogenous…

Increasing urbanization and industrial development upstream of the Mekong River Delta of Vietnam (MRD) including the construction of a series of dams for hydroelectricity generation is changing the…

We obtain rich measures of the risk preferences of a sample of Vietnamese farmers, and revisit the link between risk preferences and economic well-being. Far from being particularly risk averse, our…