Poor farmers need sustainable agriculture that relies on renewable local resources, such as conservation tillage and compost. This study looked at factors influencing decisions to adopt these two practices, using multinomial logit analysis of plot and household characteristics.

Fisheries in developing countries are often characterized by poorly defined property rights, open access, and overcapitalization. The authors explore how trade liberalization generally is beneficial, but combining it with open access may reduce a country’s welfare and fish stocks, especially when reinforced by bad subsidies.

Trade liberalization may also promote development of property rights in response to increased fish exploitation. The WTO can help facilitate trade by reclassifying subsidies to eliminate bad ones and distinguish good ones.

We investigate the importance of relative income within the Indian Caste system, using a choice experiment.

If communities living adjacent to the elephant see it as a burden, then they cannot be its stewards. To assess their valuation of it, a contingent valuation method study was conducted for one CAMPFIRE district in Zimbabwe.

With decentralization experiments occurring in the Chinese forestry sector, the authors used a survey-based choice experiment to investigate farmers’ preferences for various property-rights attributes of a forestland contract.

Santiago was one of the first cities outside the OECD to implement a tradable permit program to control air pollution. This paper looks closely at the program’s performance over the past 10 years, stressing its similarities and discrepancies with trading programs in developed countries, and analyzing how it has reacted to regulatory adjustments and market shocks. Studying Santiago’s experience allows us to discuss the drawbacks and advantages of applying tradable permits in less developed countries.

This paper attempts to bring some central insights from behavioural economics into the economics of climate change.

In permit trading systems, free initial allocation is common practice. A recent example is the European Union Greenhouse Gas Emission Trading Scheme (EU-ETS).