New Zealand faces the challenge of using our land in ways that are not only resilient to future pressures and sustain our rural communities but also enhance our natural environment. For the public and private sectors to make robust land-use decisions under uncertainty, high-quality modelling...

We investigate the impact of side-payments to countries that have a low net benefit from participating in efficient climate cooperation in a repeated games framework with investment in different technologies. We consider different timings of these payments and different degrees of commitment. If...

We study the two-way interaction between central banks and financial markets using a beauty contest framework. The analysis identifies when asset prices reveal useful information about fundamentals and when they reflect back the central bank’s pronouncements. In equilibrium, the central bank...

How does a political leader’s messaging during a pandemic influence social distancing by citizens? We model the strategic choice of narrative in a beauty contest setting where the leader seeks to eliminate the disease. The leader’s resolve to eliminate the disease affects her narrative in a...