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Forest cover in Viet Nam decreased by more than 35% since the 1950s. As much as 75% of the forest cover has been removed in some northern areas. Despite government sponsored reforestation programs, deforestation continues, especially when property rights to the forest are not secure and where...
Persistent link: https://www.econbiz.de/10008474960
The objective of the game is to simulate a trading regime to exchange rights to some currently unpriced (or underpriced) environmental or natural resource, and illustrate how trading may lead to an efficient level of pollution (or whatever the good is). A number of scenarios can be tried to...
Persistent link: https://www.econbiz.de/10008474963