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Searching for uncertain benefits and the conservation of biological diversity

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Author Info
Stephen Polasky
Andrew Solow
James Broadus
Abstract

This paper describes a model under which the maximization of option value leads to a preference for biological diversity arising from potential substitutability among species. Copyright Kluwer Academic Publishers 1993

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File URL: http://hdl.handle.net/10.1007/BF00338783
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Article provided by European Association of Environmental and Resource Economists in its journal Environmental & Resource Economics.

Volume (Year): 3 (1993)
Issue (Month): 2 (April)
Pages: 171-181
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Handle: RePEc:kap:enreec:v:3:y:1993:i:2:p:171-181

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Brown, Gardner Jr. & Goldstein, Jon H., 1984. "A model for valuing endangered species," Journal of Environmental Economics and Management, Elsevier, vol. 11(4), pages 303-309, December. [Downloadable!] (restricted)
  2. J. Kruskal, 1964. "Nonmetric multidimensional scaling: A numerical method," Psychometrika, Springer, vol. 29(2), pages 115-129, June. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Tsur, Yacov & Zemel, Amos, 1994. "Endangered Species and Natural Resource Exploitation: Extinction vs. Coexistence," Bulletins 7498, University of Minnesota, Economic Development Center. [Downloadable!]
  2. Metrick, Andrew & Weitzman, Martin L, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer. [Downloadable!] (restricted)
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  3. Tsur, Yacov & Zemel, Amos, 1995. "ON EVENT UNCERTAINTY AND RENEWABLE RESOURCE MANAGEMENT; Proceedings of the 4th Minnesota Padova Conference on Food, Agriculture, and the Environment, September 4-10, 1994, Wayzata, MN," Working Papers 14434, University of Minnesota, Center for International Food and Agricultural Policy. [Downloadable!]
  4. Caracciolo, Francesco & Gotor, Elisabetta & Holloway, Garth & Watts, Jamie, 2008. "The Origin, Development And Structure Of Demand For Plant Genetic Resources. The Impact Of The In Trust Agreements To The CGIAR Collections Availability," 82nd Annual Conference, March 31 - April 2, 2008, Royal Agricultural College, Cirencester, UK 36773, Agricultural Economics Society. [Downloadable!]
  5. repec:att:wimass:192039 is not listed on IDEAS
  6. William Brock & Anastasios Xepapadeas, . "Valuing Biodiversity from an Economic Perspective: AUnified Economic, Ecological and Genetic Approach," Working Papers 0301, University of Crete, Department of Economics. [Downloadable!]
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