We show that, when there is joint production of an agricultural good and rural amenities, the first-best allocation of resources can be implemented with a tax on the agricultural good and some subsidies on the production factors (land and labor). The use of a subsidy on the agricultural good can...

We investigate the causal connections between elite polarization, hyperbole in public discourse and narrative control. The victor of a narrative battle gains a strategic advantage in hyperbole, steering a contentious policy in its preferred direction. This gain, weighed against the information...

The burden of resolving an environmental problem is typically shared among several responsible parties. To clarify the nature and extent of the problem, these parties must provide information to the regulator. Based on this information, the regulator will instigate an investigation of the...