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We develop theory and present a suite of theoretically consistent empirical measures to explore the extent to which market intervention inadvertently alters resource allocation in a sequentialmove principal/agent game. We showcase our approach empirically by exploring the extent to which the...
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Crop biodiversity has the potential to enhance resistance to strains due to biotic and abiotic factors and to improve … crop production and farm revenues. To investigate the effect of crop biodiversity on crop productivity, we build a …
Persistent link: https://www.econbiz.de/10012954450
This paper summarizes in non-technical terms the economic case for conserving biodiversity, and explains why we cannot … rely on market forces to do this task. It reviews the policy interventions that could help in biodiversity conservation …
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