title: Conservation economics. Comment on "Using ecological thresholds to evaluate the costs and benefits of set-asides in a biodiversity hotspot".
abstract: Banks-Leite et al. (Reports, 29 August 2014, p. 1041) conclude that a large-scale program to restore the Brazilian Atlantic Forest using payments for environmental services (PES) is economically feasible. They do not analyze transaction costs, which are quantified infrequently and incompletely in the literature. Transaction costs can exceed 20% of total project costs and should be included in future research.
authors: Atlantic Forest and Central Savannas Conservation Program, The Nature Conservancy, Av. Paulista 2439 conj. 91, São Paulo 01311-300.
authors: Christopher
authors: C
authors: Finney
mesh_terms: D000383:Agriculture / Q000191:economics*; D000818:Animals; D044822:Biodiversity; D003247:Conservation of Natural Resources / Q000191:economics*; D006801:Humans; D014197:Trees; D014714:Vertebrates / Q000145:classification*