Cover Image

Behavioural and Welfare Analysis of an Intermediary in Biodiversity Offset Markets

CC BY

Saved in:
Bibliographic Details
Main Authors: Johanna, Kangas, Markku, Ollikainen
Format: Book
Language:English
Published: Springer 2023
Subjects:
biodiversity offset markets
even biodiversity outcomes
Online Access:https://link.springer.com/article/10.1007/s10640-022-00751-5
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7768
Tags: Add Tag
No Tags, Be the first to tag this record!
id oai:localhost:PNK-7768
record_format dspace
spelling oai:localhost:PNK-77682023-04-11T06:59:55Z Behavioural and Welfare Analysis of an Intermediary in Biodiversity Offset Markets Johanna, Kangas Markku, Ollikainen biodiversity offset markets even biodiversity outcomes CC BY This paper provides a behavioural and welfare analysis of an intermediary in biodiversity offset markets. These markets are characterised by high information requirements and transaction costs, threatening economic efficiency and even biodiversity outcomes. Specialised intermediaries facilitate trading by providing information and brokering services. By buying, holding and selling offset credits from storage, the intermediary can decrease both financial and ecological risks in the market. As a drawback, the intermediary may exploit market power upstream or downstream due to ecological features of the offset market. Intermediaries decrease the trading parties’ transaction costs by offering specialised information, reduce uncertainty, and decrease the costs of offsetting by increasing liquidity in the market and offering certain offset credits. 2023-04-11T06:59:55Z 2023-04-11T06:59:55Z 2023 Book https://link.springer.com/article/10.1007/s10640-022-00751-5 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7768 en application/pdf Springer
institution Digital Phenikaa
collection Digital Phenikaa
language English
topic biodiversity offset markets
even biodiversity outcomes
spellingShingle biodiversity offset markets
even biodiversity outcomes
Johanna, Kangas
Markku, Ollikainen
Behavioural and Welfare Analysis of an Intermediary in Biodiversity Offset Markets
description CC BY
format Book
author Johanna, Kangas
Markku, Ollikainen
author_facet Johanna, Kangas
Markku, Ollikainen
author_sort Johanna, Kangas
title Behavioural and Welfare Analysis of an Intermediary in Biodiversity Offset Markets
title_short Behavioural and Welfare Analysis of an Intermediary in Biodiversity Offset Markets
title_full Behavioural and Welfare Analysis of an Intermediary in Biodiversity Offset Markets
title_fullStr Behavioural and Welfare Analysis of an Intermediary in Biodiversity Offset Markets
title_full_unstemmed Behavioural and Welfare Analysis of an Intermediary in Biodiversity Offset Markets
title_sort behavioural and welfare analysis of an intermediary in biodiversity offset markets
publisher Springer
publishDate 2023
url https://link.springer.com/article/10.1007/s10640-022-00751-5
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7768
_version_ 1762909084718202880
score 8.887929

Similar Items