Matching problems in biodiversity offset markets: a case study of the New South Wales biodiversity offsets scheme

Matching problems in biodiversity offset markets: a case study of the New South Wales biodiversity offsets scheme

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Biodiversity offset credits in New South Wales Supplements are transacted within a regulatory environment defined by detailed trading rules and many different types of biodiversity credits that can lead to thin markets and high transaction costs.This paper describes a market designed I.V. Therapy Accessories to facilitate efficient and effective transactions.The market includes a search algorithm to identify who can exchange with whom, according to the regulatory constraints, and an online exchange tool to facilitate efficient price discovery and allocation of offset contracts.