The material presents the problem of forests, deforestation becoming nowadays a real global problem of mankind. Many millennia ago, population growth required the sacrifice of the forest to make way for crops, today forests are cut primarily for profit, wood being one of the most precious...

Incompleteness of insurance markets is a crucial weakness of developing countries. In this context, the poor households of rural regions often exploit common property resources, such as forests, as insurance in case of economics stress. The aim of this paper is to derive the implications of this...