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Addressing the international threat of invasive species to biodiversity worldwide requires an international context due to the nature of the transboundary pollution. This paper presents a comparison of strategies to address the invasive species problem in noncooperative versus cooperative...
Persistent link: https://www.econbiz.de/10004977743
This paper analyzes the problem faced by a border protection agency if endogenous exporter abatement activities affect invasive species risk, allowing for unobservable differences in abatement cost. We show how the optimal inspection/penalty regime differs from the symmetric information case....
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Balancing air, water, and land environmental goals can prevent use of harmful substances like methyl tert-butyl ether (MTBE) in gasoline. This article offers an economic analysis of fuel choices using data from California. The full costs of various fuel blends are measured accounting for all...
Persistent link: https://www.econbiz.de/10005044713
International cooperation on environmental problems is examined through the factors influencing aNorthAmerican Free Trade Agreement (NAFTA) institution’s decisions over environmental problems along the U.S.-Mexico border. An econometric study relates the approval by the NAFTA institution of...
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A differential game model is developed to compare incentives for wastewater pollution abatement of upstream and downstream countries under cooperative and noncooperative strategies. The Tijuana River is the empirical setting of water flow from south (Mexico) to north (US) where pollution stock...
Persistent link: https://www.econbiz.de/10005607718
This paper offers the first economic analysis of wetlands mitigation banks. The banks are a new alternative for restoration of wetlands by developers before receiving regulatory approval for future development of wetlands in the same watershed. A stochastic optimal control model is developed...
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