This report summarizes preliminary findings of the Mexican National Database and Community Survey Project which examines linkages between institutional characteristics in Mexico’s common property forestry sector and economic and environmental outcomes. Framing the Mexican agrarian community as...

The ideal water contract for a heterogeneous population of users is a prioritized right that is fully vested and fully tradable. A set of tradable, prioritized rights contracts will span the same space as the Debreu contingent commodities. Therefore, they lead to a competitive equilibrium that...