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Comercio de fauna en Colombia e información oculta

Nuevos Retos en La Regulación Para Su Uso Sostenible

Bibliographic Data

ID6166912
AuthorsLiliana Rivera (0000-0002-2020-2895, corresponding author), Virgüez Liliana Rivera
Year2007
Issue60
Pages47-91
Publication date2007-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueRevista Desarrollo y Sociedad (JOURNAL)
Journal identifiersISSN: 0120-3584 • E-ISSN: 1900-7760
PublisherUniversidad de los Andes (PUBLISHER • VE)
DOI10.13043/dys.60.2
OpenAlexW2096161644
LanguageES
References cited4

This work describes and analyzes the moral hazard problem that arises from the asymmetric information between environmental regulatory agencies and captive-fauna breeders, the latter group possibly acting illegally in order to improve their benefits. A Principal (environmental regulatory agency) - Agent (captive-fauna breeding farmer) model with asymmetric information is used to analyze transfer schemes the regulatory agency could use to encourage fauna preservation, taking into account both the state of the ecosystem observed by the principal, and the agent’s utility function. Results from the simulations suggest that under perfect information, the optimal value of the benefit from a relaxation of regulation is constant and independent from the actions (either licit or illicit) taken by the agent towards the ecosystem. Under asymmetric information, results suggest the optimal level of the benefit from relaxation of regulation depend on the state of natural resources observed after the action (either licit or illicit) associated to the commercialization of fauna

Art · Geography · Humanities · Political science · Experimental Behavioral Economics Studies · Global trade, sustainability, and social impact · Wildlife Conservation and Criminology Analyses

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  • The Tragedy of the Commons

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Citation velocityhistorical
Highly citedNo

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