Bioprospecting and Biodiversity Contracts

Denise M. Mulholland and Elizabeth A. Wilman
Additional contact information
Denise M. Mulholland: Office of Policy, Planning and Evaluation, United States Environmental Protection Agency

Working Papers in Ecological Economics from Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program

Abstract: An economic model for a biodiversity prospecting contract, between a developing country and a pharmaceutical company is developed. The theoretical model is compared with observed contracts and those being developed by biodiversity expects. It is found that these contracts roughly reflect the character of the economic model, although due to asymmetric information and risk aversion, the contracts are often second-best.

Date: 1998-10
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://een.anu.edu.au/download_files/eep9806.zip

Related works:
Journal Article: Bioprospecting and biodiversity contracts (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:anu:wpieep:9806

Access Statistics for this paper

More papers in Working Papers in Ecological Economics from Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program
Series data maintained by Jack Pezzey (). This e-mail address is bad, please contact .