semi-natural pastureland. However, the program may have negative impacts on landscape aesthetics and biodiversity. We … from carbon sequestration and biodiversity seem more constant across space. The net present value of all land use … substantial hypothetical bias in benefit estimates and for cost increases. Results indicate that landscape and biodiversity values …

Biodiversity is an important environmental public good. However, the literature suggests that it is not clear how its … biodiversity value from the ecological and economic literatures and combines them to a comprehensive and consistent framework. It … is argued that biodiversity is the main carrier of insurance value, option value and spill-over value, and also …

We exploit the known links between natural habitats and biodiversity to pose and study the biodiversity conservation … and nonautonomous policies play in the decision to conserve biodiversity over time and under uncertainty. We first … construct a dynamic and stochastic model of decision making in the context of biodiversity conservation. Next, we use this model …