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The claim of this blogger is that while treaties are useful for an coordinated approach to a problem that transcends borders, it is unlikely to be useful because of the strong financial incentives. To my mind, the solution must involve both a market approach and a technological approach. An article in the Scientific American discussed a high end technological approach that includes use of Unmanned Aerial Vehicles (UAVs) for surveillance of vast parks in order to alert rangers to the existence of poachers. This innovative use of technology is a welcome addition to the quest to detect and deter poachers. It is too early to tell how effective this new approach will be but it cannot be the silver bullet to ending poaching. It is still possible that the assignment of property rights on the endangered animals would ensure that a more comprehensive set of approaches are invented to reduce the high premium that poachers extract from illegal trade.
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