creating markets for biodiversity. In the paper we conclude that the success of a policy instrument for creating markets for … biodiversity depends on the nature crucial factors, including the ability of the policy instrument to deal with (a) the public good … nature of most of the nonmarket biodiversity benefits; (b) the asymmetric informational characteristics related to the …

This work examines the impact that economic growth can have on biodiversity and on the ecological dynamics that would … naturally emerge in the absence of human activity. The loss of biodiversity may induce policy-makers to implement defensive … exist in the absence of human intervention. This suggests that there might exist a conflict between preserving biodiversity …

In previous papers we have considered the optimal mix of biodiversity in semi-arid rangelands, focusing on the steady … trajectory of biodiversity change. There are two issues involved in the question of timing. One is the uncertainty associated …

Reduction of the earth’s biodiversity as a result of human activities is a matter of great concern to prominent … scientists. What are the economic aspects of this loss? In economic terms, what is biodiversity and why might it matter? And is … the loss of biodiversity in any way connected with globalization of the economy? …

This paper introduces and surveys ecological-economic analysis and valuation of biodiversity. Furthermore, the notion … and application of economic, monetary valuation of biodiversity is critically evaluated. A classification of biodiversity … values is offered, based on a system of logical relationships among biodiversity, ecosystems, species and human welfare …