Habitat conservation plans (HCPs) have become a key instrument for implementation of the Endangered Species Act (ESA) on private land. However, there is no systematic analysis of their effectiveness in promoting endangered species recovery. This paper is the first to provide a comprehensive...

It has been argued that the traditional regulatory approach of the Endangered Species Act, based on land-use restrictions, has failed to protect endangered species on private land. In response, there has been a call for the use of incentives to complement this regulatory approach. This paper...

The necessity to develop a priority system to guide the allocation of resources to the conservation of endangered species is widely recognized. The economic theory of biodiversity has established a framework to do so, and has identified priority criteria that should be considered when making...