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? …

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 …