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Ivory poachers threaten the half million remaining African elephants. In response, Kremer and Morcom (2000) offer a novel solution to reduce the risk of extinction -- a local government can stockpile ivory and threaten to dump it on the market if the elephant population falls too low lowering...
Persistent link: https://www.econbiz.de/10005503632
Conventional wisdom implies that high discount rates accelerate depletion of tropical forests. As shown in this article, this result does not necessarily hold in a two-state variable model that distinguishes between primary and secondary forest stocks. In the context of a fixed concession period...
Persistent link: https://www.econbiz.de/10005525405
We propose a novel explanation for the emergence of language in modern humans, and the lack thereof in other hominids. A coevolutionary process, where trade facilitates speech and speech facilitates trade, driven by expectations and potentially influenced by geography, gives rise to multiple...
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This paper studies the Viking age – the roughly 300 year period beginning in 800 AD – from the perspective of the economics of conflict. The Viking age is interesting because throughout the time period, the scale of conflict increased – small scale raiding behaviour eventually evolved into...
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