Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/119699
Authors: 
Heal, Geoffrey
Year of Publication: 
2002
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 99.2002
Abstract: 
Biodiversity provides essential services to human societies. Many of these services are provided as public goods, so that they will typically be underprovided both by market mechanisms (because of the impossibility of excluding non-payers from using the services) and by government-run systems (because of the free rider problem). I suggest here that in some cases the public goods provided by biodiversity conservation can be bundled with private goods and their value to consumers captured in the price realized by the private goods. This may lead to an efficient level of provision.
Subjects: 
Local public goods
bundling
price discrimination
monopoly
environment
urban development
JEL: 
H41
Q2
R41
Document Type: 
Working Paper

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