Behavioural and Welfare Analysis of an Intermediary in Biodiversity Offset Markets
CC BY
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| Định dạng: | Sách |
| Ngôn ngữ: | English |
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Springer
2023
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| Truy cập trực tuyến: | https://link.springer.com/article/10.1007/s10640-022-00751-5 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7768 |
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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 |
Trường Đại học Phenikaa |
| collection |
DSpace |
| 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 |
| work_keys_str_mv |
AT johannakangas behaviouralandwelfareanalysisofanintermediaryinbiodiversityoffsetmarkets AT markkuollikainen behaviouralandwelfareanalysisofanintermediaryinbiodiversityoffsetmarkets |
| _version_ |
1787740887233593344 |