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A growing tendency to frame environmental problems as a failure to price ecosystem services has coincided with the rise of so-called “Market-Based Instruments” (MBIs). The aim of this introductory article to the special section “In markets we trust? Contrasting views on the performance and legitimacy of Market-Based Instruments in global environmental governance” is to promote critical reflection...
The paper seeks to advance our understanding of the extent to which the use of economic incentives can undermine (“crowd out”) or reinforce (“crowd in”) people's intrinsic motivations to engage in biodiversity and ecosystem conservation. We first synthesize and classify the psychological mechanisms behind motivation crowding effects. Then we conduct a systematic review of empirical studies that test...
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