Although the International Regime on Access and Benefit-Sharing (IRABS) is a global legal instrument, the provisions of the Convention on Biological Diversity (CBD) and Bonn Guidelines shows implementation of the international regime should start at the local community. While an international...

The study explored agriculture biodiversity around protected areas and identified factors affecting diversity of agriculture biodiversity in farming households. The study analyzed the data collected from household survey of about 907 farmers from Western-Terai Landscape Complex of Nepal....

High land fragmentation and accelerated rate of conversion of agriculture land are major challenges for food security of Nepal. Realizing ineffectiveness of previous efforts to manage these problems, government of Nepal has adopted land use policy 2012. The paper reviews the effects of previous...

1. Despite an existing information gap in scientific evidence regarding the effects of future changes in climate patterns and options for the future, the community-based adaptation process should nevertheless be initiated. This requires community involvement through participatory planning in...

Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...

We present an international trade model with multiproduct firms. Firms are heterogeneously endowed with two types of capabilities that jointly determine the trade-off within firms between managing a large portfolio of products and producing at low marginal cost. The model can explain many of the...

This paper reports data from a laboratory experiment on two-period moral hazard problems. The findings corroborate the contract-theoretic insight that even though the periods are technologically unrelated, due to incentive considerations principals can benefit from offering long-term contracts...

We study a continuous-time game of strategic experimentation in which the players try to assess the failure rate of some new equipment or technology. Breakdowns occur at the jump times of a Poisson process whose unknown intensity is either high or low. In marked contrast to existing models, we...