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Cognitive psychology is best known, to many environmental economists, through the filter of acrimonious debates over … for environmental goods. It begins with a historical review, organized around two converging streams of psychological … and behavioral decision research. The next section reports some environmental valuation studies arising from each …
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The payment for ecosystem services (PES) emerges as part of an arsenal of tools for innovative domestic financing for otherwise absent markets relating to natural resource management. Its traditional framework aspects of conditionality, voluntary transaction, at least one buyer and seller, and...
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