The world has pledged to protect 30 percent of its land and waters by 2030 to halt the rapid deterioration of critical … summarize empirical evidence across multiple regions of the world. In most cases, protection has had at most a modest impact on … econometric advancements, shifting focus to direct measures of biodiversity, filling the knowledge gap on the effect of protected …

market intervention inadvertently alters resource allocation in a sequentialmove principal/agent game. We showcase our …

The pace of biodiversity loss requires drastic shifts in conservation efforts that carry substantial costs. We … investigate how the financial market prices such conservation costs exploiting the "Green Shield Action," a major regulatory … initiative launched by the Chinese central government in 2017 to enforce biodiversity preservation rules in national nature …

An optimal linear world income tax that maximizes a border-neutral social welfare function provides a drastic reduction … in world consumption inequality, dropping the Gini coefficient from 0.69 to 0.25. In contrast an optimal decentralized (i ….e., within countries) redistribution has miniscule effect on world income inequality. Thus, the traditional public finance …

, and more broadly with the Demsetz's (1967) approach to property rights institutions. Indeed, we document world …