Author Archives: Adam Bailey

Some Thoughts on this Blog

When I started this blog in 2012, I considered – having looked at many other blogs – that posts should be short and frequent, and my early posts were all well below 1,000 words.  But it gradually became apparent that … Continue reading

Posted in Environment (general) | Leave a comment

Fish Imports, Tariffs and Conservation

A recent paper proposes that, post-Brexit, the UK should lower tariffs on imported fish to benefit consumers.  That may be a good idea, but the effect on fish stocks in the regions of origin should also be considered. The Institute … Continue reading

Posted in Fisheries, Trade | Tagged , , , , , , , , , | 2 Comments

Housing, Countryside and Economic Welfare

If we can value ecosystem services, then the “housing v countryside” debate can be treated as an optimisation problem. Cities often expand laterally to provide housing for an increasing population. This usually involves a loss of surrounding farmland, woodland, wetlands … Continue reading

Posted in Cities, Environment (general) | Tagged , , , , , , | Leave a comment

Behavioural Economics and Environmental Valuation

The behaviour on which revealed preference valuation methods are based almost inevitably results from thought processes involving bounded rationality.  What does that imply for such methods? The insights of behavioural economics have been applied to many sub-fields of economics, and … Continue reading

Posted in Pollution, Recreation | Tagged , , , , , , , , , | Leave a comment