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Corrupt enforcement of harvesting restrictions hampers the management of common-pool resources in many developing countries, contributing in particular to widespread illegal fishing and logging. In this paper, we examine a simple intervention that may mitigate the effects of such corruption if,...
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This paper treats programs in which firms voluntarily agree to meet environmental standards as "green clubs": clubs, because they provide non-rival but excludable reputation benefits to participating firms; green, because they also generate environmental public goods. The model illuminates a...
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In this paper, we present what is to our knowledge the first theoretical economic analysis of CO2- enhanced oil recovery (EOR). This technique, which has been used successfully in a number of oil plays (notably in West Texas, Wyoming, and Saskatchewan), entails injection of CO2 into mature oil...
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