The following is a description of the paper, and not the actual abstract as it appeared in the journal. In this paper we analyze the problem faced by an asymmetrically informed supra-national governmental authority (SNGA) who wishes to design an International Environmental Agreement (IEA). We...

We study the problem of precluding biological invasions caused by ships transporting internationally traded goods in containers between different regions of the world. Using the long run expected net cost (LRENC) of inspections as the apposite managerial objective, we address the following...