Bulte, Erwin H.; Horan, Richard D.; Shogren, Jason F. - Agricultural and Applied Economics Association - AAEA - 2001
Ivory poachers threaten the half million remaining African elephants. In response, Kremer and Morcom (2000) offer a novel solution to reduce the risk of extinction -- a local government can stockpile ivory and threaten to dump it on the market if the elephant population falls too low lowering...