High fluctuation of exchange rate in short horizon is obviously making economic activity more risky as uncertainty rises. As it is not good for the economy, then there should be a systematic and measured policy to mitigate the foreign exchange fluctuations and to minimize the fluctuations, as...

This paper investigates the trade-off between conservation and equity considerations in the use of payments for environmental services (PES) that implicitly incorporate different distributive justice principles. Using a public good experiment with heterogeneous participants, we compare the...