About Economic DropletsAn environmental and natural resource economics blog by Adam Bailey (below). For details and profile see About.
© Adam Bailey and Economic Droplets, 2012-2019.
Category Archives: Environment (general)
The economic theory of public goods is sometimes assumed to be adaptable in a straightforward manner to public bads. Here I consider some implications of the fact that such bads are usually mitigable. Consider a region around an airport, subjected … Continue reading
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
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