HORAN, RICHARD D.; SHOGREN, JASON F.; GRAMIG, BENJAMIN M. - In: Environment and Development Economics 13 (2008) 03, pp. 415-439
We develop a bioeconomic model to gain insight into the challenges of Payments for Environmental Services (PES) as applied to protect endangered species given wildlife-livestock disease risks and habitat fragmentation. We show how greater connectivity of habitat creates an endogenous trade-off....