conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor …. Consequently, decentralizing authority increases conservation if and only if districts are weak. Contracting with the central …

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 contradiction implies that the market for conservation cannot be efficient and …

-to-pay for biodiversity conservation is positive in "rich" developed countries (North), but very low in "poor" developing … welfare when the North financially supports biodiversity conservation in the South - as stipulated in the Convention on … Biological Diversity (1992). We model that support as a market for biodiversity conservation and distinguish the cases, in which …

dramatic returns on lobby contributions contingent on exploitation -- or on compensations contingent on conservation -- when …