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An integrated economic/ecological model is developed to address tradeoffs between biodiversity conservation and two … maximizes social welfare based on grazing profits, hunter net benefits, and conserving biodiversity in a natural ecosystem. The … ecological model defines a steady-state set of sustainable grazing and hunting choices, but biodiversity conservation may reduce …
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We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...
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biodiversity are endangered since their cultivation is not profitable anymore. This paper explores the viability of a market …
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We report on a discrete-choice CV study conducted in Germany to value the WTP for biodiversity protection in less … developed countries. To systematically investigate survey realism and subjective threat assessment from the loss of biodiversity …
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While the global economy continues to grow, ecosystem services tend to stagnate or decline. Economic theory has shown how such shifts in relative scarcities can be reflected in project appraisal and environmental-economic accounting, but empirical evidence has been sparse to put theory into...
Persistent link: https://www.econbiz.de/10014551808
Understanding that the environment is more than the resource base of human economic activities was a watershed in the awareness of the real value of the environment and the need for an assessment of its quality. The complex of benefits from ecosystems that people obtain in the literature became...
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