Table 5

Net Aggregate Payoffs ($) for Different Levels of Uniform and Nonuniform Subsidies for Landowner A and Landowner B

Cost (cA, cB)Subsidy (PA, PB)Control in GAControl in GBAggregate ControlAggregate PayoffsTotal Subsidy CostaNet Aggregate Payoffsa,bChange Relative to Baseline
$/TreatmentTreatments$/2 Acres
Panel A. Bioinvasion Starts on GA, Landowner A (NMES) Moves First
(4, 4)(0, 0)01,5431,54311,263011,2630%
(1, 1)(3, 3)1,3581,1802,53720,9924,65316,33945%
(2, 2)(2, 2)1,0418651,90519,5472,53217,01551%
(1, 4)(3, 0)1,0426031,64419,5462,01617,52956%
Panel B. Bioinvasion Starts on GB, Landowner B (MES) Moves First
(4, 4)(0, 0)078578512,060012,0600%
(2, 2)(2, 2)1,3901,6493,03817,7513,76513,98616%
(1, 1)(3, 3)1,2251,6732,89819,8025,56214,24018%
(1, 4)(3, 0)1,4801,2072,68617,5472,92114,62621%
  • Note: Landowner A = nonmarket ecosystem service preferences (NMES); landowner B = market ecosystem service preferences (MES). Standard deviations are not shown.

  • a In present value terms (25 years, 4% annual discount rate).

  • b This is defined as aggregate payoffs minus total subsidy.