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This has important implications for the design of payment schemes in conservation more generally.
We urge caution in the design of payment schemes and suggest it can be detrimental to structure a scheme around an indicator that cannot be effectively monitored.
These innovations, which are certain to continue into the foreseeable future, will have huge implications for the conduct of monetary policy, for the regulation of banking, and for the design of payment systems.
The elementary method based on Faustmann's analysis and extended by Hartman is used for the design of payment schemes inciting forest owners to manage their assets in a way more conducive to nature conservation.
Advances in vehicular ad hoc networks (VANETs) have triggered the development of many new attractive applications such as payment services which require the design of payment systems that satisfy additional requirements associated with VANETs.
Moreover, sophistication in the design of payment incentives creates its own pathologies [ 35].
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A neglected issue in the design of payments for ecosystem services (PES) is the timing of payments to ecosystem service providers over the course of the year.
We use a mechanism design framework to analyze the optimal design of green payment policies with the dual goals of conservation and income support for small farms.
We also discuss some implications of our results for the design of physician payment schemes in the light of the theoretical literature.
Understanding utilization trends and cost of local therapy is important for informing the design of bundled payment models as payers migrate away from fee-for-service models.
In this paper, we present the general approach we have followed for the design of different payment frameworks that facilitate these processes.
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CEO of Professional Science Editing for Scientists @ prosciediting.com