文章基本信息

标题：Conservation Payments under Risk: A Stochastic Dominance Approach
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作者：Benitez, Pablo C. ; Kuosmanen, Timo ; Olschewski, Roland 等
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2005
卷号：36
期号：11
出版社：Food Distribution Research Society
摘要：Conservation payments can be used to preserve forest and agroforest systems. To explain landowners’ land-use decisions and determine appropriate conservation payments, it is necessary to focus on revenue risk. Marginal conditional stochastic dominance rules are used to derive conditions for determining the conservation payments required to guarantee that the environmentally-preferred land use dominates. An empirical application to shaded-coffee protection in the biologically important Chocó region of West-Ecuador shows that conservation payments required for preserving shaded-coffee areas are much higher than those calculated under risk-neutral assumptions. Further, the extant distribution of land has strong impacts on the required payments.
关键词：agroforest systems;conservation payments;land allocation;portfolio diversification;risk;stochastic dominance