The size of the protected area is recognized as one of the key attributes for assessing the effectiveness of investing in protected areas. We evaluate the effectiveness of protected areas by examining economies of scale in size and the average cost of acquiring protected areas depending on the...

Market failure results in more human conversion of ecosystems for development and other uses than likely socially desirable. In response, many government agencies and nonprofits focus on conservation, often acquiring land rights to establish protected areas on which further conversion of...

This research analyzes how the size of protected areas influences the ecological and economic effectiveness through a return-on-investment in conservation (ROI) to help conservation organizations prioritize protected areas. Using the case study, we focus on whether the size variation has...