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Governments and private sector actors are increasingly recognising the potential of harnessing markets to help arrest the degradation of biodiversity. The private provision of biodiversity products and services is proving to be quite feasible in some circumstances
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between the predictions provided by theory and the corresponding outcomes in practice. In particular, the author challenges … the theory behind Payments for Environmental Services (PES), a concept derived from neoclassical welfare economics, by …", Oxford University Press 2011) "Philipp Aerni offers a most useful critical assessment of the theory and practice of payments …
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People and markets -- Really basic economics: zero-sum thinking and competition -- Cooperation -- Competition … -- Lessons from competition and cooperation -- Conclusions. …
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