Our model allows simulating repeated conservation auctions in low-income countries. It is designed to assess policy-making by exploring the extent to which non-targeted repeated auctions can provide biodiversity conservation cost-effectively, while alleviating poverty. Targeting landholders in order to integrate both goals is claimed to be overambitious and underachieving because of the trade-offs they imply. The simulations offer insight on the possible outcomes that can derive from implementing conservation auctions in low-income countries, where landholders are likely to be risk averse and to face uncertainty.

The model explores the emergence of inequality in cognitive and socio-emotional skills at the societal level within and across generations that results from differences in parental investment behavior during childhood and adolescence.