The incorporation of an agglomeration bonus payment to encourage spatial coordination in auction mechanisms to allocate payments for ecosystem services (PES) contracts has been explored as a promising…

This study combined farm household panel data, weather data and discount rates, as measured by a hypothetical survey question, to estimate the impact of income on discounting. This paper has found…

“Grandfathering” grants preferential treatment to existing resource users over new entrants based on prior use. Grandfathering is based on the concept of first-in-time or prior appropriation and has…

The individual farmer in a developing country has little incentive to care about the public good properties of on-farm biodiversity in the form of different crop varieties. There is a common…

In recent years, the coal intensity of electricity generation and its change rate over time has varied significantly across coal-fired power plants in China. This paper decomposes the coal intensity…

Today, more than ever, ‘Spaceship Earth’ is an apt metaphor as we chart the boundaries for a safe planet. Social scientists both ​analyse why society courts disaster by approaching or even…

Finding alternative livelihood possibility for state worker households is crucial for the successful implementation of Natural Forest Protection Program (NFPP) in China's key state forest regions. One…

We combine survey responses to subjective well-being (SWB) questions with air pollution data to recover Chinese residents' valuation of air quality improvements. Motivated by theoretical models of…

Farmers may adapt to climate change by substituting away from the crops most severely affected. In this paper we estimate the substitution caused by a moderate change in climate in the US Midwest. We…

Using an extended LHARG model proposed by Majewski et al. (2015, J Econ, 187, 521–531), we derive the closed‐form pricing formulas for both the Chicago Board Options Exchange VIX term structure and…