Context Matters: Exploring the Cost-effectiveness of Fixed Payments and Procurement Auctions for PES

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dc.creatorLundberg, Liv
dc.creatorU. Martin, Persson
dc.creatorAlpízar, Francisco
dc.creatorLindgren, Kristian
dc.date2020-08-21T22:39:37Z
dc.date2020-08-21T22:39:37Z
dc.date2018-04
dc.date.accessioned2026-06-09T02:05:33Z
dc.descriptionSuccessfully implemented payment for ecosystem services (PES) programs can provide both conservation of nature and financial support to rural communities. In this paper, we explore how PES programs can be designed so as to maximize the amount of additional ecosystem services provided for a given budget. We also provide a brief summary of the use of auction mechanisms in real world PES programs. To explore the potential additionality of different PES program designs we use a conceptual agent based simulation model where payments are either fixed, or set through a uniform or discriminatory auction. The program can also be designed to target payments to land-owners based on their provision of ecosystem services. Theoretically, auctions should be the most effective design, especially if payments are differentiated and targeted by ecosystem service provision. However, what we find is that the context in which the PES program is implemented—baseline compliance with program standards among the participants, correlation between opportunity costs and ecosystem services in the landscape, heterogeneity in costs and budget size—has a determining impact on the relative effectiveness of the different payment designs, with fixed payments schemes being much more effective than auctions in certain settings. Our findings suggest that context should be taken into serious consideration when a PES program design is chosen.
dc.formatapplication/pdf
dc.identifierdoi.org/10.1016/j.ecolecon.2017.11.021
dc.identifierhttps://repositorio.catie.ac.cr/handle/11554/9507
dc.identifier.urihttp://hdl.handle.net/123456789/2243
dc.languageen
dc.publisherElsevier, Ámsterdam (Países Bajos)
dc.relationEcological Economics Volumen 146 (April 2018), pages 347-358
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectSERVICIOS ECOSISTEMICOS
dc.subjectCONSERVACION DE LA NATURALEZA
dc.subjectFINANCIAMIENTO
dc.subjectSUBASTAS
dc.subjectPAISAJE
dc.subjectIMPACTO AMBIENTAL
dc.subjectBENEFICIOS
dc.subjectVIABILIDAD
dc.subjectRENTABILIDAD
dc.subjectBIENES PUBLICOS
dc.titleContext Matters: Exploring the Cost-effectiveness of Fixed Payments and Procurement Auctions for PES
dc.typeArtículo

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