User: Guest  Login
Author(s):
Knoke, Thomas; Steinbeis, Otto-Emmanuel; Bösch, Matthias; Román-Cuesta, Rosa Mar{í}a; Burkhardt, Thomas 
Title:
Cost-effective compensation to avoid carbon emissions from forest loss: An approach to consider price--quantity effects and risk-aversion 
Abstract:
Analyses were carried out on financial compensation to avoid loss of tropical forests and related carbon (C) emissions when marginal financial yield declined for land-use options with extended areas, and when a risk-averting perspective (modeled according to financial theory around the capital asset pricing model) is assumed. The approach in this study was to consider natural forest, forest plantation, pasture, and cropland simultaneously to investigate how an optimized land-use distribution may...    »
 
Keywords:
Financial modeling of land-use shares; Uncertainty; Risk aversion; Carbon compensation; Land diversification; Endogeneity of tropical land-use; Indirect land use change (iLUC) 
Journal title:
Ecological Economics 
Year:
2011 
Journal volume:
70 
Journal issue:
Pages contribution:
1139--1153 
Print-ISSN:
0921-8009