Data/hora: 12/06/2024 03:09:37

Provedor de dados: | 31
País: | United States
Título: | Putting theory into practice: market failure and market based instrument design
Autores: | Whitten,   Stuart M.; Coggan,   Anthea; Reeson,   Andrew; Gorddard,   Russell J.
Data: | 2007-04-11
Ano: | 2007
Palavras-chave: | Market failure; Market based instrument; Incentives; Marketing.
Resumo: | The use of market-based instruments (MBIs) to provide and protect ecosystem services has gained significant attention in Australia. Despite their popularity, MBIs are not appropriate for the provision of all ecosystem services. Rather, MBIs must be carefully designed given the ecosystem service outcomes desired, while meeting the needs of participants. In this paper we detail the importance of a robust theoretical structure to underpin the selection and design of an MBI. In particular, we demonstrate the role of identifying and analysing the nature of the market failures present, and their implications for instrument design. Our conclusions are illustrated using several regional MBI case studies.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

25795

http://purl.umn.edu/10441

Editor: | AgEcon Search

Relação:

Australian Agricultural and Resource Economics Society - 2007&gt;2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand

Conference Paper

Formato:

21

application/pdf