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Maximizing Returns from Payments for Ecosystem Services: Incorporating Externality Effects of Land Management

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  • Mark E. Eiswerth
  • G. Cornelis van Kooten

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  • Mark E. Eiswerth & G. Cornelis van Kooten, 2017. "Maximizing Returns from Payments for Ecosystem Services: Incorporating Externality Effects of Land Management," Working Papers 2017-06, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
    • Handle: RePEc:rep:wpaper:2017-06
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    File URL: http://web.uvic.ca/~repa/publications/REPA%20working%20papers/WorkingPaper2017-06.pdf
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    References listed on IDEAS

    as
    1. Kemkes, Robin J. & Farley, Joshua & Koliba, Christopher J., 2010. "Determining when payments are an effective policy approach to ecosystem service provision," Ecological Economics, Elsevier, vol. 69(11), pages 2069-2074, September.
    2. Farley, Joshua & Costanza, Robert, 2010. "Payments for ecosystem services: From local to global," Ecological Economics, Elsevier, vol. 69(11), pages 2060-2068, September.
    3. Norgaard, Richard B., 2010. "Ecosystem services: From eye-opening metaphor to complexity blinder," Ecological Economics, Elsevier, vol. 69(6), pages 1219-1227, April.
    4. Wünscher, Tobias & Engel, Stefanie & Wunder, Sven, 2008. "Spatial targeting of payments for environmental services: A tool for boosting conservation benefits," Ecological Economics, Elsevier, vol. 65(4), pages 822-833, May.
    5. Kolinjivadi, Vijay & Adamowski, Jan & Kosoy, Nicolás, 2014. "Recasting payments for ecosystem services (PES) in water resource management: A novel institutional approach," Ecosystem Services, Elsevier, vol. 10(C), pages 144-154.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    payments for ecosystem services; water quality; best management practices; externalities; dynamic optimization; uncertainty; principal-agent problems.;
    All these keywords.

    JEL classification:

    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis

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