Three-Stage TSARs, Interdependent Values, and Biodiversity Production on Private Lands

We propose a static three-stage incentive-compatible, budget-balanced, execution-contingent scheme for a regulator to allocate biodiversity protection responsibilities across a landscape mosaic having multiple value-interdependent owners. The scheme motivates owners to truthfully report their opportunity costs of protection to the regulator and to comply with their assigned habitat protection responsibilities.

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Work Title Three-Stage TSARs, Interdependent Values, and Biodiversity Production on Private Lands
Access
Open Access
Creators
  1. Mark D. Agee
  2. Thomas D. Crocker
License In Copyright (Rights Reserved)
Work Type Article
Publisher
  1. University of Wisconsin Press
Publication Date December 27, 2021
Publisher Identifier (DOI)
  1. 10.3368/le.98.4.090919-0130r1
Source
  1. Land Economics
Deposited September 23, 2022

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Version 1
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  • Created
  • Added AgeeCrocker LE-1.pdf
  • Added Creator Mark D. Agee
  • Added Creator Thomas D. Crocker
  • Published
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