Ferraro, Paul; Uchida, Toshihiro; Conrad, Jon - In: Environmental & Resource Economics 32 (2005) 3, pp. 419-438
‘Green’ markets represent a means through which public goods can be privately provided. A green product is an impure public good consisting of a private good (e.g., rain forest honey) bundled with a jointly produced public good (e.g., biodiversity protection). In the context of ecosystem...