Ecosystems supply a wide variety of valued commodities, including ecological services. Valuing these commodities and determining the implications of their valuation for the optimal management of ecosystems is challenging. This paper considers the optimal spatial use of forest ecosystems given...

Different economic methods are being used to estimate the economic benefits generated by nature (wildlife) tourism. The most prominent of these are economic valuation analysis and economic impact analysis. These methods often provide divergent and conflicting estimates of the economic benefits...