Thi~ paper con~iders the nature of preferences for the preservation of biodiversity, and the extent to which individuab … are well-informed about biodiversity. We present evidence that the elicitation of monetary bids to pay for biodiversity …

This paper considers two problems in valuing the benefits of biodiversity protection. These are, firstly, that … preferences for biodiversity protection may be lexicographic rather than utilitarian. The more individuals for whom this is true …, the less is cost-benefit analysis validated as a means of decision making for biodiversity protection, since lexicographic …

rates of 10% or lower. Taking into account the global benefits of biodiversity conservation and carbon storage, sustainable …

This paper considers the nature of preferences for the preservation of biodiversity, and the extent to which … individuals are well-informed about biodiversity. We present evidence that the elicitation of monetary bids to pay for … biodiversity preservation, as required for cost-benefit analysis, fails as a measure of welfare changes due to the prevalence of …