When designing compensation payments for biodiversity conservation measures setting appropriate incentives so that landowners select spatially connected land parcels for conservation is of key importance for many species. The proposition of an agglomeration bonus, where landowners receive a...

One of the key challenges in designing agri-environmental schemes targeted at conservation is the determination of the amount of financial resources that should be allocated towards a particular aim such as the conservation of an endangered species. Economists can contribute to an answer by...