Title : Habitat Conservation : the dynamics of direct and indirect payments

  title={Title : Habitat Conservation : the dynamics of direct and indirect payments},
  author={Jon Conrad and Paul J Ferraro},
This paper examines the dynamic efficiency of direct and indirect payments for habitat conservation, as well as the preferences of donors who make the payments. A direct (or performance) payment is an annual payment to a landowner based on the number of hectares of undisturbed habitat that the landowner has preserved. An indirect payment is an annual payment to a landowner that subsidizes the use of other, non-habitat, inputs to an "eco-friendly" activity (e.g., eco-tourism). Direct payments… CONTINUE READING

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