Book contents
- Ecological-Economic Modelling for Biodiversity Conservation
- Ecology, Biodiversity and Conservation
- Ecological-Economic Modelling for Biodiversity Conservation
- Copyright page
- Contents
- Preface
- Acknowledgements
- Part I Modelling
- Part II Ecological Modelling
- Part III Economic Modelling
- 9 Instruments for Biodiversity Conservation
- 10 Game Theory
- 11 Incentive Design
- 12 Modelling Human Decisions
- 13 The Agglomeration Bonus
- Part IV Ecological-Economic Modelling
- References
- Index
11 - Incentive Design
from Part III - Economic Modelling
Published online by Cambridge University Press: 29 February 2020
- Ecological-Economic Modelling for Biodiversity Conservation
- Ecology, Biodiversity and Conservation
- Ecological-Economic Modelling for Biodiversity Conservation
- Copyright page
- Contents
- Preface
- Acknowledgements
- Part I Modelling
- Part II Ecological Modelling
- Part III Economic Modelling
- 9 Instruments for Biodiversity Conservation
- 10 Game Theory
- 11 Incentive Design
- 12 Modelling Human Decisions
- 13 The Agglomeration Bonus
- Part IV Ecological-Economic Modelling
- References
- Index
Summary
Having laid the foundation of economic policy analysis in Chapters 9 and 10, Chapter 11 presents literature examples of incentive design. The art of incentive design is to offer agents (land users) financial incentives so that it is in their own interest to carry out conservation measures with an effort, at those sites and at those times, so that biodiversity is conserved cost-effectively. This chapter starts with the problems of asymmetric information and moral hazard. The following sections discuss the difference between budget-effectiveness and cost-effectiveness, introducing conservation auctions as alternatives to conservation payments, addressing the problem of incentivising the creation of habitat heterogeneity in a landscape, and lastly outlining the functioning of the agglomeration bonus that incentivises the provision of spatially agglomerated habitat for species.
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- Information
- Ecological-Economic Modelling for Biodiversity Conservation , pp. 138 - 157Publisher: Cambridge University PressPrint publication year: 2020