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Flammer, Caroline; Giroux, Thomas; Heal, Geoffrey - National Bureau of Economic Research - 2023

The use of private capital to finance biodiversity conservation and restoration is a new practice in sustainable finance. This study sheds light on this new practice. First, we provide a conceptual framework that lays out how biodiversity can be financed by i) pure private capital and ii)...

Persistent link: https://www.econbiz.de/10014247943

Market Design for the Environment

Cantillon, Estelle; Slechten, Aurélie - National Bureau of Economic Research - 2023

The main argument in favor of markets in environmental contexts is the same as in other contexts: their ability to promote efficient allocations and production. But environmental problems bring their own challenges: their underlying bio-physical processes - and the technologies to monitor them -...

Persistent link: https://www.econbiz.de/10014447308

Valuing ecosystem services in general equilibrium

Carbone, Jared C. - 2010

We explore the consequences of treating the multiple, non-market benefits associated with improvements in ecosystem … to pay measures of use-based ecosystem services are impacted by the changes in demand for complementary market goods …. Demand for these goods shifts due to the introduction of pollution regulations that deliver improvements in ecosystem …

Persistent link: https://www.econbiz.de/10012462808

Agro-Ecosystem Productivity and the Dynamic Response to Shocks

Chavas, Jean-Paul - 2016

This paper investigates the nonlinear dynamic response to shocks, relying on a threshold quantile autoregression (TQAR) model as a flexible representation of stochastic dynamics. The TQAR model can identify zones of stability/instability and characterize resilience and traps. Resilience means...

Persistent link: https://www.econbiz.de/10012456056

Cash for Carbon : A Randomized Controlled Trial of Payments for Ecosystem Services to Reduce Deforestation

Jayachandran, Seema - 2016

This paper evaluates a Payments for Ecosystem Services (PES) program in western Uganda that offered forest …

Persistent link: https://www.econbiz.de/10012456299

Redesigning Payments for Ecosystem Services to Increase Cost-Effectiveness

Izquierdo-Tort, Santiago; Jayachandran, Seema; … - National Bureau of Economic Research - 2024

Payments for Ecosystem Services (PES) are a widely used approach for forest conservation through which people are paid …

Persistent link: https://www.econbiz.de/10014635652

Optimal Harvest with Multiple Fishing Zones, Endogenous Price and Global Uncertainty

Pizarro, Jose; Schwartz, Eduardo S. - National Bureau of Economic Research - 2021

The literature on the optimal harvest of fisheries has concentrated on a single fishing area with biomass uncertainty and to a lesser degree also with price uncertainty. We develop and implement a stochastic optimal control approach to determine the harvest that maximizes the value of a fishery...

Persistent link: https://www.econbiz.de/10012510611

Big Fish in Thin Markets : Competing with the Middlemen to Increase Market Access in the Amazon

Bartkus, Viva Ona; Brooks, Wyatt; Kaboski, Joseph Paul; … - National Bureau of Economic Research - 2021

Middlemen are ubiquitous in supply chains. In developing countries they help bring products from remote communities to end markets but may exert strong market power. We study a cooperative intervention which organizes together poor fishing communities in the Amazon -- one of the poorest and most...

Persistent link: https://www.econbiz.de/10012629441

Non-Parametric Tests of the Tragedy of the Commons

Banzhaf, H. Spencer - 2019

Extending recent results in the industrial organization literature (Carvajal et al. 2013), we de-rive non-parametric tests of behavior consistent with the tragedy of the commons model. Our approach derives testable implications of such behavior under any arbitrarily concave, differentiable...

Persistent link: https://www.econbiz.de/10012480342

Coasean Approaches to Ending Overfishing : Bigeye Tuna Conservation in the Western and Central Pacific Ocean

Ovando, Daniel - 2020

Bigeye tuna in the Western and Central Pacific Ocean were perceived as overfished for nearly 20 years, in large part due to incidental catch in the much larger skipjack tuna fishery. Efforts to halt the overfishing of bigeye stalled due to disagreements over the distribution of costs and...

Persistent link: https://www.econbiz.de/10012481104