The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative … biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological … and external effects of management effort on biodiversity; and (iii) the welfare loss due to free-riding may decrease or …

Biodiversity is an important environmental public good. However, the literature suggests that it is not clear how its … biodiversity value from the ecological and economic literatures and combines them to a comprehensive and consistent framework. It … is argued that biodiversity is the main carrier of insurance value, option value and spill-over value, and also …

The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative … biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological … management effort influence biodiversity; and (iii) the welfare loss due to free-riding may decrease or increase, depending on …

The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative … biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological … management effort influence biodiversity; and (iii) the welfare loss due to free-riding may decrease or increase, depending on …