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 …

valuation method as applied to the profound social problem of biodiversity conservation. The contingent valuation method allows …. This new book offers a rigorous state-of-the-art evaluation of the theoretical and statistical issues central to the … States. This comprehensive appraisal of the problems and economics of biodiversity conservation will be welcomed by …

development of the economic theory and techniques for measuring the demands for nonmarketed goods, and in this chapter we attempt … theory and practical empirical models. …