Sustaining natural resource stocks especially those underpinning the capacity to produce food is key to most definitions of sustainable development. Yet troubling evidence has surfaced of instances where the rural poor were forced to sacrifice long-term sustainability for the sake of near-term...

This paper adopts a real options framework to evaluate the cost-effectiveness of four types of subsidies that aim to encourage a socially desirable land use under return uncertainties and costly reversibility of land use change. We first present a land conversion model to show how the subsidies...

Food waste has been started to be recognized as an important factor threatening a sustainable food system. However most of the studies in the literature ignore the costs of reducing food waste. In this study we develop a framework to analyse the effects of food waste reduction on the whole...

This paper introduces a spatial bioeconomic model for study of potential cellulosic biomass supply at regional scale. By modeling the profitability of alternative crop production practices, it captures the opportunity cost of replacing current crops by cellulosic biomass crops. The model draws...

The increased interest in Integrated Assessment (IA) of agricultural systems reflects the growing complexity of policy objectives and corresponding impacts related to this sector. The paper contemplates on the status of quantitative tools for IA in agriculture, drawing on recent European...

In this paper the agricultural sector model CAPRI is expanded to cover non-CO2 greenhouse gas emissions from agricultural sources in Europe and policy instruments for their reduction. A stylised spatial trade model for emission permits is methodologically described and applied to the assessment...