Economics of Ocean Resources
Read (1)Arriagada and Perrings. 2011. Paying for International Environmental Public Goods. Ambio 40:798–806
(2)Bulte, E., G. van Kooten, and T. Swanson. 2003. Economic Incentives and Wildlife Conservation. Working paper.
4-page paper (typed, double spaced, 12 Arial font, 1” margins) discussing incentives to conserve marine biodiversity conservation within the framework of impure public goods. The intent of the assignment to insure that you understand the conceptual framework for the rest of the class. Discuss what an impure public good is, the types of externalities associated with impure public goods, the technology of public good supply (best shot, weakest link, etc.), and the types of economic incentives (positive and negative) that are created for impure public goods with different technologies of public good supply.
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