management, and unsustainable forest exploitation in the form of illegal logging to explore deforestation and agricultural and … to increase deforestation by increasing both land conversion to agriculture and illegal logging. Contrary to current …, because higher prices stimulate illegal logging activity. Increased monitoring and stronger enforcement reduce illegal logging …

capital. Particularly, we analyse such incentivers and monitoring under employee ownership and capitalist ownership. In our … show that the workers' investment and expected income are higher and the monitoring intensity is lower in an employee …'s reservation wage decreases, as the monitoring cost or as the productivity uncertainty increases. Most of our results are …