Support, directed to food producers is aiming at long-term stability in food system. Governments offer many programs supporting farmers. Such as price support, export aid, insurance, disaster aid and etc. However, subsidies are controversial tool for sustaining food security, because of their...

We expand upon the previous models of inequity aversion of Fehr and Schmidt [1], and Frohlich et al. [2], which assume that dictators get disutility if the final allocation of surplus deviates from the equal split (egalitarian principle) or from the subjects' production (libertarian principle)....

This paper focuses on two equity dimensions of climate policy, intra- and intergenerational equity, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which...