Incentives to Conserve Marine Biodiversity

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Discussing incentives to conserve marine biodiversity conservation within the framework of impure public goods

Discuss what an impure public good is?

The types of externalities associated with impure public goods

The technology of public good supply (best shot, weakest link, etc.),

Discuss what an impure public good is?

Discussing incentives to conserve marine biodiversity conservation within the framework of impure public goods

Aquatic biodiversity can be clustered as a global public good. Put simply, it is ideal for global cooperation for the conservation of these resources. This is largely because it cannot be attained at a country or national level, not even at a personal level. For illustration purposes, this would entail the preservation of the genetic diversity on which futuristic evolution is dependent, the mitigation of climatic change, management of perilous pestilences and the management of water masses beyond any given jurisdiction (Arrigada & Perrings 798).