Paying for International Environmental Public Goods by Rodrigo Arriagada and Charles Perrings

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In this paper, I will base on articles, Paying for International Environmental Public Goods and Economic Incentives and Wildlife Conservation to discuss what an impure public good is, the types of externalities associated with impure public goods, the technology of public good supply, and the types of economic incentives (positive and negative) that are created for impure public goods with different technologies of public good supply.

According to Paying for International Environmental Public Goods, which is written by Rodrigo Arriagada and Charles Perrings, it mainly discusses how to prevent international environmental public goods (IEPG). There are many offset systems within a nation, which are set to prevent public goods. However, there is not an international authority to protect the undersupplied public good. People can gain many benefits from IEPGs, but they don’t have solutions for the problem of undersupply. In this article, Public goods are defined as “pure” only if they are non-exclusive and non-rival in consumption, whereas impure public goods are either partially excludable or rival. It’s impossible for any state to gain these kinds of public goods by itself; its supply depends on worldwide cooperation. However, new networks have changed people’s social participation and the way of exchange ideas. This raises concerns within the ethical liabilities of individuals, organizations, countries and cooperation and the alternative forms of governance of the biosphere. According to the article, “Three common examples of public good supply technologies are ‘additive’, ‘best shot’, and ‘weakest link’ technologies.” The additive technology consists of simple sum and weighted sum public goods. The best shot public goods is benef...

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... policy recommendations. The authors concluded that best perspective for implementing economic incentives is to prize the use of land and habitat conversion and give some helpful directions for the future researches.

In conclusion, this paper discusses international environmental public goods and expresses the problem of undersupplied from Paying for International Environmental Public Goods. Also, this paper illustrates the problem of wild life exploitation and conservation and introduces the solutions to this problem from the article of Economic Incentives and Wildlife Conservation.

References:

Bulte, Eriwon H., G. Cornelis Van Kooten, and Timothy Swanson. "Economic Incentives and Wildlife Conservation." (2003). Print.

Arriageda, Rodrigo, and Charles Perrings. "Paying for International Environmental Public Goods." (2011). Print.

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