Environmental Markets

Environmental Econ (ECON 415) Assignment: In approximately 500 words, summarize the arguments made in chapters 5-8 in Environmental Markets, by Terry Anderson and Gary Libecamp. In your summary, be sure to address the answers to these questions: • What are the features that make for successful environmental markets? • What are some examples of groups that have created environmental markets? • What are some difficulties faced by property-rights based environmental markets? • What are some issues with command and control regulations that are the typical alternative to markets? To Submit: Write your summary in a Word document. Save that document to your own files. Go to the “Reading Assignments Tab” for our course in Moodle. Click “Anderson and Libecamp Ch 5-8 Submission” to upload your work. Grading: • A+ Shows deeper understanding. Paper will be clear, concise and correct. • A- The paper is technically correct but quotes heavily from the authors. • B+ The paper is unclear and does not show a full understanding of the reading • B- The paper is unclear and has errors in some places. • C+ The paper is unclear, has errors, is too short to fully describe the reading. • C- The paper is unclear and has errors. There is little correct analysis of the reading. • D The paper shows little effort was given to the assignment. It is wrong and unclear in many places. Tips for reading academic papers: 1. Read the first sentence of each paragraph. 2. Read the entire chapter. Citation: Anderson and Libecap. (2014) Environmental Markets. Cambridge University Press.