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In many low-income countries, local public goods are provided by non-governmental organizations and local communities, rather than by government. In rural Tanzania, more than 500 organizations install different technologies of water pumps which local communities are then responsible for...
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This paper analyzes the choice between quality improvements and copyright litigation by a proprietary seller who faces a competitive threat from a content-sharing platform. The platform operates like a "public good" with contributors who share content and free-riders who only consume content...
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The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological-economic model in which such management measures...
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