Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal … conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor …’s presence may induce institutional change. Deforestation can be legal or illegal in the model: each district decides how much to …

Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal … conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor …’s presence may induce institutional change. Deforestation can be legal or illegal in the model: each district decides how much to …

"Frames forestry activities within climate-change policy context. Analyzes the operation and efficacy of market …-based mechanisms for forest conservation and climate change. Explores voluntary schemes for carbon crediting, provides an overview of … slowing deforestation"--Provided by publisher …

analysis of the REDD mechanism in the UN Framework Convention on Climate Change, which combines legal, market and scien …