Response to comment on "Using ecological thresholds to evaluate the costs and benefits of set-asides in a biodiversity hotspot"
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Amer Assoc Advancement Science
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Editorial
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Acesso restrito
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Abstract
Finney claims that we did not include transaction costs while assessing the economic costs of a set-aside program in Brazil and that accounting for them could potentially render large payments for environmental services (PES) projects unfeasible. We agree with the need for a better understanding of transaction costs but provide evidence that they do not alter the feasibility of the set-aside scheme we proposed.
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English
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Science. Washington: Amer Assoc Advancement Science, v. 347, n. 6223, p. 1-1, 2015.





