Methanotrophic bacteria are promising means of producing value-added products as they have the ability to transform methane under atmospheric temperature and pressure. Efforts to develop methanotrophs to produce value-added products are hoped to incentivize a decrease in methane flaring operations. The data collected during this study was used to inform...
The Maya of Mexico and Central America pursue multiple livelihood approaches, relying primarily on natural resources obtained from the rainforest. Fishing in the many water bodies of the region is one among many livelihood opportunities, but its relative importance has not been assessed previously. Indeed, there remains an overall lack...
It is often taken for granted that taxation of rents is economically nondistortive. In certain areas of natural resource use, e.g. oil extraction and fisheries, this nondistortion principle has been used to justify taxation of what is regarded as resource rents. This paper challenges the view that such taxation is...
Whilst the study of resource extraction under uncertainty has a long history in resource economics, there has been less attention paid to endogenous efforts to reduce uncertainty through learning and information acquisition. An unresolved empirical question is the degree to which individual extractors learn from the behavior of other extractors....