TRADABLE RISK PERMITS TO PREVENT FUTURE INTRODUCTIONS  OF ALIEN INVASIVE SPECIES INTO THE GREAT LAKES

Horan, Richard D.; Lupi, Frank

TRADABLE RISK PERMITS TO PREVENT FUTURE INTRODUCTIONS OF ALIEN INVASIVE SPECIES INTO THE GREAT LAKES

Autores

Descripción

Alien invasive species contribute to biodiversity loss and cause billions of dollars of economic damage in the Great Lakes. We examine the design and efficiency of a tradeable permit system for biological pollution due to alien species that invade the Great Lakes through the ballast water of commercial ships.