from carbon sequestration and biodiversity seem more constant across space. The net present value of all land use … semi-natural pastureland. However, the program may have negative impacts on landscape aesthetics and biodiversity. We … substantial hypothetical bias in benefit estimates and for cost increases. Results indicate that landscape and biodiversity values …

values, carbon sequestration and biodiversity or scenic values. We solve the model qualitatively with general functions and … discuss the implications of partial or total internalization of environmental values, showing that internalizing only carbon … sequestration may have negative impacts on biodiversity-scenic values. To evaluate the practical relevance, we compare …