Policies are arising around the world, most recently in the United States, that mandate the implementation of marine spatial planning as a practical pathway towards ecosystem-based management. In the new United States ocean policy, and several other cases around the globe, ecosystem services are...

We study the possible impact of daylight-saving time adjustment on stock returns. Previous work reveals that average returns tend to decline following an adjustment. As averages are sensitive to outliers, more recent work focused on the entire distribution of returns and found little impact...

This paper investigates factors that explain the large variability in the price of voluntary carbon offsets. We estimate hedonic price functions using a variety of provider- and project-level characteristics as explanatory variables. We find that providers located in Europe sell offsets at...

This paper examines the effectiveness of using community-level rewards to subsidize environmental protection. Specifically, we study the Connecticut Clean Energy Communities (CCEC) program that provides mostly symbolic rewards in the form of municipal photovoltaic installations in proportion to...

This paper examines the relationship between health and death risk and income decisions in rural Pakistan. Using data from a microfinance institution, we analyse how insurance against hospitalisation and accidental death influences the purpose of microcredit loans. After correcting for the...

Analyses of policy options are often unavailable or only available from think tanks that may have political biases. This paper experimentally examines how voters respond to policy analysis and how the response differs when a nonpartisan, liberal, or conservative organization produces the...