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dc.contributor.authorKvamsdal, Sturla Furunes
dc.contributor.authorStohs, Stephen M.
dc.date.accessioned2010-11-15T14:17:58Z
dc.date.available2010-11-15T14:17:58Z
dc.date.issued2010-09
dc.identifier.issn1500-4066
dc.identifier.urihttp://hdl.handle.net/11250/164147
dc.description.abstractAn economic activity interacts with an endangered species. The activity can be divided into mutually exclusive strata with different levels of inter- action. Observing the activity in order to monitor interactions is costly. It may be desirable to manage the activity with a probability model which balances the benefit from the activity against the cost of the interaction with the endangered specie instead. The model gives rise to a permit scheme which fixates the risk of interaction over all strata and which uses the market mechanism to optimally allocate the activity between strata. The model can facilitate uncertainty in interaction rate estimates.en
dc.language.isoengen
dc.publisherNorwegian School of Economics and Business Administration. Department of Finance and Management Scienceen
dc.relation.ispartofseriesDiscussion paperen
dc.relation.ispartofseries2010:11en
dc.titleA market-based approach to manage endangered species interactionsen
dc.typeWorking paperen
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210::Bedriftsøkonomi: 213en


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