environmental economics

After being told of the Governor's decision, the participants are asked to answer the following questions: 1. Do you think the decision can help to solve the problem? Why or why not? 2. What policy would you chose if you were the Governor, whose goal is to maximize social welfare in the long-term? 3. Do you have any suggestions regarding the redistribution of benefits from the use of the area? 4. How would you balance economic efficiency and the distribution of benefits