An Impossible Goal: When Trade Ratios Cannot Achieve No‐Net‐Loss.

I develop a model of environmental trade ratios with asymmetric information to explain why current policies fail to achieve goals of no‐net‐impact on the environment, as well as demonstrating that it may be impossible to achieve these goals. Environmental trade ratios (e.g., wetland mitigation ratio...

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Bibliographic Details

Published in:	Southern Economic Journal Vol. 86; no. 4; pp. 1372 - 1393
Main Author:	Globus‐Harris, Isla
Format:	Article
Published:	Wiley-Blackwell Apr2020
Subjects:	Information asymmetry Commerce Wetland mitigation Carbon offsetting
Online Access:	View this record in EBSCOhost