Externality

  1. Fund holding networks are linked to higher systemic financial risk
    Network analysis reveals fund holdings among Chinese financial institutions amplify systemic risk through governance convergence, price synchronicity, and asset homogenization mechanisms.
  2. Danish landowners prefer higher compensation for restrictive agri-environment schemes
    Choice experiment analysis of Danish landowners' preferences for temporary versus permanent agri-environmental schemes, revealing policy design misalignment between implicit discount rates.