acknowledged that an early death is a serious disadvantage, and that attention should be paid to the compensation of short …-lived individuals. This paper re-examines the compatibility of those two concerns: prevention against early death and compensation for … a concern for compensation. The reason is that if it is socially desirable to raise the number of survivors through …

An early death is, undoubtedly, a serious disadvantage. However, the compensation of short-lived individuals has … ex ante, and cannot be compensated ex post. We argue that, despite the above difficulties, a compensation can be carried …

-based compensation, a large amount of free-riding occurs within the team. In contrast, when the team is homogeneous, agents are better …

This paper examines a situation where a decision-maker determines the appropriate compensation that should be … implemented for a given ecological damage. The compensation can be either or both in monetary and environmental units to meet … three goals : i) no aggregate welfare loss, ii) minimization of the cost associated with the compensation, iii) minimal …