G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
An Equilibrium Model of Habitat Conservation under Uncertainty and Irreversibility
Luca Di Corato; Michele Moretto; Sergio Vergalli
发表日期2010
出处Climate Change and Sustainable Development
出版年2010
语种英语
摘要In this paper stochastic dynamic programming is used to investigate habitat conservation by a multitude of landholders under uncertainty about the value of environmental services and irreversible development. We study land conversion under competition on the market for agricultural products when voluntary and mandatory measures are combined by the Government to induce adequate participation in a conservation plan. We analytically determine the impact of uncertainty and optimal policy conversion dynamics and discuss different policy scenarios on the basis of the relative long-run expected rate of deforestation. Finally, some numerical simulations are provided to illustrate our findings.
特色分类C61;D81;Q24;Q58
关键词Optimal Stopping Deforestation Payments For Environmental Services Natural
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/an-equilibrium-model-of-habitat-conservation-under-uncertainty-and-irreversibility/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117779
推荐引用方式
GB/T 7714
Luca Di Corato,Michele Moretto,Sergio Vergalli. An Equilibrium Model of Habitat Conservation under Uncertainty and Irreversibility. 2010.
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