UHERO
James Roumasset
Resource management for Sustainable Development of Island Economies
What is the role of resource management in sustaining competitiveness for island economies such as the Republic of the Philippines and Hawaii? We review the…
Environmental Resources and Economic Growth
This chapter assesses the nature and degree of environmental degradation and resource depletion in China and their relationship to economic activity and environmental policies. We…
Beyond the lamppost: Optimal prevention and control of the Brown Tree Snake in Hawaii
We develop an integrated model for the prevention and control of an invasive species. The generality of the model allows its use for both existing…
Learning-by-catching: Uncertain invasive-species populations and the value of information
This paper develops a model of invasive species control when the species’ population size is unknown. In the face of an uncertain population size, a…
The Economic Value of Watershed Conservation
Watershed conservation creates benefits within and beyond the management area of interest. Direct benefits are those realized in the watershed itself, such as improved water…
Optimal Public Control of Exotic Species: Preventing the Brown Tree Snake from Invading Hawai‘i
This paper develops a theoretical model for the efficient establishment of economic policy pertaining to invasive species, integrating prevention and control of invasive species into…
Economic impacts of non-indigenous species: Miconia and the Hawaiian economy
Imperfect scientific information regarding potential invasiveness, differences between private and public outcomes for individual decisions regarding planting, and inadequate prevention activity combine to impose costs…
Efficient Water Allocation with Win-Win Conservation Surcharges: The Case of the Ko‘olau Watershed
The one-demand Hotelling model fails to explain the observed specialization of non-renewable resources. We develop a model with multiple demands and resources to show that…
Valuing Indirect Ecosystem Services: the Case of Tropical Watersheds
Mitigating the harmful effects of development projects and industries (negative environmentalism) is inadequate, especially in resource-dependent economies whose resources are at risk from other forces.…