Downward sloping demand for environmental amenities and international compensation: elephant conservation and strategic culling
Conventional wisdom holds that monetary compensation for positive trans boundary externalities will promote conservation of resource amenities. We demonstrate that, in the case of elephant conservation, international transfers may also result in strategic behavior by host countries, with adverse implications for global welfare and in situ stocks. © 2002 Elsevier Science B.V. All rights reserved.
Volume (Year): 27 (2002)
Issue (Month): 1 (May)
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