This article develops a theoretical model to analyze the spatial targeting of incentives for the restoration of forested landscapes when wildlife habitat can be enhanced by reducing fragmentation. The key theoretical result is that the marginal net benefits of increasing forest can be convex, in...

A quarter of all species around the globe are threatened with extinction; this article reviews research in economics on how best to counter those threats. Normative research has developed useful tools for cost-effectively choosing areas of habitat to protect. Such work has also designed...

We explore the allocation of recovery funds to species listed under the Endangered Species Act. We simulate outcomes from allocations based on the U.S. Fish and Wildlife Service's priority rankings and on rankings used in U.S. states' Wildlife Action Plans developed under the Congressional...