The Economics and Environment for Development Research Program (EEfD) at CATIE is leading a series of studies on decision-making under risk. We address the issue of adaptation to climate change from…

This paper demonstrates the importance of wildlife in the portfolio of environmental income in the livelihoods of poor rural communities living adjacent to a national park. The results show that…

A driving restriction policy is a politically acceptable policy tool to address traffic congestion and air pollution in some countries and cities, but evidence from Beijing suggests that it is not as…

This paper identifies conditions under which the Clean Development Mechanism and other carbon finance projects effectively generate genuine, “additional” carbon credits—relying on a systematic…

Biofuels production has received increasing focus by developed and developing countries due to rising fossil fuel prices and the need to mitigate greenhouse gas emissions. The net economic and…

Little is known about the cost of environmental regulations such as residential zoning restrictions and recycling mandates that target households instead of firms, partly because of significant…

Despite its importance in benefit-cost analysis in the water supply, transportation, and health care sectors, there are relatively few empirical estimates of the value of travel time savings (VTT) in…

Objectives of tradable permit programs are often broader than internalizing an externality and improving economic efficiency. Many programs are designed to accommodate community, cultural, and other…

The study presented here considers the relative efficiency of planting tobacco and maize in the tobacco-producing Tabora region of Tanzania. The study used a 2013 survey that was conducted among…

This article presents a decision-making model based on situations that are typically encountered in fisheries management when setting the total allowable quota. The model allows assessing the…