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Our research is based on the assumption that cost–benefit analysis facilitates efficient and effective decision-making in spatially explicit land-use planning where there are competing land uses. Land-use planning can be improved if the value of the spatial relationships between land uses can be computed sufficiently easily. In this paper, we developed an economically sound way to incorporate the...
Economics is about problems of choice. In erosion control, both public authorities and private land users are faced with such problems. What is the impact of erosion, both on-site and off-site, and to what extent can this impact be quantified? If we conceptualize this impact in terms of sustainability, how can we compare one type of effect against another? The former question can be answered only...
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