This study combines non market valuation and bio economic modelling in a dynamic model of ecosystem services. First, because non market valuation and bio economic models use different concepts of valuation, the values of ecosystem services are defined. Next, an analytical solution is derived which includes a dynamic Lancaster demand system and new methods for welfare analysis. Finally, both revealed and stated preference methods are proposed for estimating the value of ecosystem (more)...
There is currently an important and unique opportunity to examine this question in some detail in southwestern Australia by using a mixture of natural and targeted experiementation. A series of sites is available within which native mammal populations have been reintroduced or have increased recently due to predator control. There are also sites that have been subjected to either no fire or known fire treatments in the recent past, and also areas that are likely to be burned in the near future. We (more)...
The Irrigation Futures scenarios highlight that the future for agriculture is highly uncertain. Market preferences, competition and access, government policy, water availability, technology will all change and potentially place significant pressure on the viability of agricultural businesses. To stay competitive in a global market place, agriculture will need to be increasingly flexible and adaptable. One element that will support the development of flexibility and adaptability in agriculture is (more)...
