Biodiversity loss in Europe is caused to a large extent by agricultural intensification. To halt this loss and to support species and habitat types in agricultural areas, agri-environment schemes have been introduced in Europe to compensate farmers for (costly) conservation measures. Currently,...

Compensation schemes in which land owners receive payments for voluntarily managing their land in a biodiversity-enhancing manner have become one of the most important instruments for biodiversity conservation worldwide. One key challenge when designing such schemes is to account for the spatial...

This paper is concerned with the cost-effective allocation of habitat for endangered species under spatio-temporally heterogeneous economic development. To address the dynamic dimension of the problem we consider tradable development rights (TDR) as the instrument of choice. A particular...