Category: Environmental Economics

Should urbanization and development always be greeted with open arms? Here’s a personal account of the externalities of urban development. Early this morning, as I try to enjoy the …

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 …

The resolution of unfair distribution of wealth entails cost. This situation is referred to as transaction cost. This article explores the meaning of transaction cost and clarifies this concept …

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 …

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 …