Previous studies of costs and benefits of forest conservation haven't considered the irreversible nature of forest clearing and the uncertainty associated with forest preservation benefits. The present study adapted a dynamic optimization framework to analyze optimal land use decisions. Results...

It is argued that there are three broad conditions that are necessary for an individual farmer to adopt a farming‐system innovation: awareness of the innovation, perception that it is feasible and worthwhile to trial the innovation, and perception that the innovation promotes the farmer’s...