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The Market for Conservation and Other Hostages

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NBER2011-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17409
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A conservation good, such as the rainforest, is a hostage: it is possessed by S who may prefer to consume it, but B receives a larger value from continued conservation. A range of prices would make trade mutually beneficial. So, why doesn't B purchase conservation, or the forest, from S? If this
提供机构:
美国国家经济研究局
创建时间:
2011-09-01
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