the value of wetlands is receiving increasing attention and the cost–benefit analyses (cba) is essential to evaluate the long-term effects of wetland rehabilitation projects. in order to guarantee the water quality of the south-to-north water diversion project of china (east route), the government of shandong province started a huge lakeshore wetland rehabilitation project in 2008. the cba appr...

This paper proposes and examines the economic efficiency of novel payment schemes for provision wetland ecosystem services. By definition, payments services typically involve voluntary transactions between beneficiaries providers We develop a theoretical model that addresses role third party—such as social planner or government agency, acting in interest society—can play to ensure optimal consi...