Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 16 October 2019

Abstract and Keywords

Econometric-based landscape simulation models help to identify the nature and extent of market failure problems associated with terrestrial biodiversity and to quantify the effects of corrective land use policies. This article reviews the literature on econometric-based landscape simulation models and describes four important methodological challenges that analysts face with these models: (1) representing variation in private economic returns to land at the same scale at which land use varies, (2) modeling the private information that landowners possess about the returns to their land, (3) accounting for land use intensity, and (4) recognizing the probabilistic nature of the land use transition rules derived from econometric analysis. Ways to overcome these challenges are proposed, and directions for future research are explored.

Keywords: biodiversity, market failure, land use, land use policies, econometric analysis, landscape simulations, land use intensity

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.