Sustaining Resource Conservation: Economic and Moral Incentives
What motivates people to conserve or protect natural resources? Is it always the economic incentive? Read on to find out. The previous days with a documentary film crew brought …
Category: Environmental Economics
Transaction Cost: Unaccounted and Underestimated Expenses Often Overlooked
The resolution of unfair distribution of wealth entail cost. This is referred to as transaction cost. This article clarifies this concept in view of understanding how one’s actions can …
Politics of Resource Allocation: The Case of the Pork Barrel Funds
What is resource allocation? How is it practiced? What are suggested solutions to ensure fair distribution of wealth? Here’s an analysis of a recent case. Resource allocation has always …
The Relationship Between Bribery and the Environment: 4 Impacts
Bribery can lead to environmental degradation. What are the pieces of evidence? Are there solutions to this age-old corrupt practice? This article explores these issues and presents four likely …
List of Negative and Positive Externalities of Oil Spill
Many people view oil spills as grossly disadvantageous to everyone. In reality, there are benefits gained by some sectors from disasters like this. Read and find out how could …