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context of actions to reduce emissions from deforestation and forest degradation (REDD+). First a simple analytical model of …
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national Reducing Emissions from Deforestation and Forest Degradation+ (REDD+) programs will need to recognize underlying land …
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Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal …’s presence may induce institutional change. Deforestation can be legal or illegal in the model: each district decides how much to …
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Parties (COP) on climate change increased political commitment to reduce emission from deforestation and degradation and to …
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A “conservation good” (such as a tropical forest) is owned by a seller who is tempted to consume (or cut), but a buyer benefits more from conservation. The seller does conserve if the buyer is expected to buy, but the buyer is unwilling to pay as long as the seller conserves. This...
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