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Library Incentives for Spatially Coordinated Land Conservation: A Conditional Agglomeration Bonus Mechanism

Incentives for Spatially Coordinated Land Conservation: A Conditional Agglomeration Bonus Mechanism

Incentives for Spatially Coordinated Land Conservation: A Conditional Agglomeration Bonus Mechanism

Resource information

Date of publication
November 2015
Resource Language
ISBN / Resource ID
OSF_preprint:461AF-E1F-CB6

The agglomeration bonus literature has not recognized the potential of conditional agreements to overcome the informational requirements, particularly those of landowners, necessary to induce spatially coordinated land conservation. The model presented in this paper shows that the net social benefits produced by a conditional agglomeration bonus program are at least as large as those produced by a traditional uniform subsidy whenever the benefit function exhibits threshold effects and the uniform and CAB subsidies are equal. This result requires no assumptions about the information available to landowners. A regulator’s informational requirements are limited to the shape of the benefit function. Land Economics/Use, Q2,

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Authors and Publishers

Author(s), editor(s), contributor(s)

Cyrus A. Grout

Data Provider
Geographical focus