Designing agri-environmental schemes targeted at conservation poses the key question of how many financial resources should be allocated to address a particular aim such as the conservation of an endangered species. Economists can contribute to an answer by estimating the 'optimal level of...

The use of stated preference surveys for the valuation of environmental goods in developing countries has to take into account that there is substantial public distrust towards institutions providing environmental goods under valuation. Thus, high protest responses and low-value estimates may...

Payments for ecosystem services (PES) and agri-environmental schemes (AES) are often introduced with the goal to counteract overexploitation of natural habitats and biodiversity loss in forests and agricultural landscapes. Their ecological effectiveness and cost-effectiveness have been, however,...