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

Mark E. Eiswerth and Gerrit van Kooten

No 2017-06, Working Papers from University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group

Keywords: payments for ecosystem services; water quality; best management practices; externalities; dynamic optimization; uncertainty; principal-agent problems. (search for similar items in EconPapers)
JEL-codes: C61 Q25 Q57 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2017-11
New Economics Papers: this item is included in nep-agr and nep-env
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