Communities across the globe increasingly confront environmental and natural resource management decisions that require expenditures to protect and conserve ecosystems. These decisions typically require consideration of bio-physical, political, economic, and other factors. Institutional economic...

The long term success of payment for environmental services (PES) schemes depends on adequate demand for services and sustainable financing. We examine the viability of using locally-financed payments to protect watershed services in rural eastern Costa Rica. Using dichotomous choice contingent...