How should policymakers design environmental markets when they might attract participants who were planning to conserve the environment regardless of the market?
Governments often seek to protect domestic consumers following climate shocks to agricultural production, but these policies may exacerbate global losses.
The advanced air quality monitoring system in China has led to improvements in local air quality, but also prompted local governments to strategically prioritise areas near the monitors in order to meet pollution control targets. This localised respo...
