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Arbitrage , Options and Endangered Species
| Content Provider | Semantic Scholar |
|---|---|
| Author | Heal, Geoffrey |
| Copyright Year | 2003 |
| Abstract | I model the impact of mitigation banking accompanied by Safe Harbor provisions on a land-owners choices about supporting a population of an endangered species. The Safe Harbor provision is equivalent to a free call option on a population with market value, and mitigation banking can allow a landowner with an endangered species to arbitrage between land without and with permission to develop. A land-owner whose land is not zoned for development may therefore stand to beneÞt from the discovery of an endangered species on |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www-1.gsb.columbia.edu/faculty/gheal/EnvironmentalEconomicsPapers/esa.pdf |
| Alternate Webpage(s) | https://www0.gsb.columbia.edu/faculty/gheal/General%20Interest%20Papers/ESA.pdf |
| Language | English |
| Access Restriction | Open |
| Subject Keyword | Choice Behavior Wario Land: Shake It! negative regulation of reactive oxygen species biosynthetic process |
| Content Type | Text |
| Resource Type | Article |