Wildlife Damage and Agriculture: A Dynamic Analysis of Compensation Schemes
分析补偿农民因野生动物造成损害的方案，发现补偿可能反而减少野生动物数量并降低当地居民福利，对非洲和亚洲的补偿计划有警示意义。
We study the environmental and economic consequences of introducing a program to compensate peasants for damages caused by wildlife. We show that the widely held belief that compensation induces wildlife conservation may be erroneous. In a partially open economy, compensation can lower the wildlife stock and result in a net welfare loss for local people. In an open economy, compensation can trigger wildlife extinction and also reduce welfare. We identify the conditions leading to a reduction of the wildlife stock and discuss the implications for current and planned compensation programs in Africa and Asia.