Abstract

The choice of policy mechanisms for encouraging environmentally beneficial land-use change should depend on the relative levels of private (or internal) net benefits, and public (or external) net benefits. A map of recommended policy mechanisms is developed, depending on the relative levels of these variables. Positive incentives, negative incentives, and extension need to be targeted carefully to appropriate projects—where private net benefits are closer to zero, and/or public net benefits are more extremely positive or negative. Technology development is suggested where private net costs outweigh public net benefits. No action is recommended for many potential projects.

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Additional Information

ISSN
1543-8325
Print ISSN
0023-7639
Pages
pp. 225-240
Launched on MUSE
2012-04-04
Open Access
No
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