The Law and Economics of Habitat Conservation : Lessons from an Analysis of Easement Acquisitions

@inproceedings{BoydTheLA,
  title={The Law and Economics of Habitat Conservation : Lessons from an Analysis of Easement Acquisitions},
  author={James Boyd and Kathryn Caballero and Robert D. Simpson}
}
There is a growing interest in incentive-based policies to motivate conservation by landowners. These policies include fulland partial-interest land purchases, tax-based incentives, and tradable or bankable development rights. Using legal and economic analysis, the paper explores potential pitfalls associated with the use of such policies. Incentive-based policies promise to improve the cost effectiveness of habitat preservation, but only if long-run implementation issues are meaningfully… CONTINUE READING

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