A Theory of Diversity
AbstractHow can diversity be measured? What does it mean to value biodiversity? Can we assist Noah in constructing his preferences? To address these questions following Weitzman (1992,1998), we propose a multi-attribute approach under which the diversity of a set of species is the sum of the values of all attributes possessed by some species in the set. We develop the basic intuitions and requirements for a theory of diversity and show that the multi-attribute approach satisfies them in a highly flexible yet tractable manner. Conjugate Moebius inversion serves as the unifying mathematical tool. A basic starting point is to think of the diversity of a set as an aggregate of the dissimilarities between its elements. This intuition is made formally precise, and the exact conditions of itsapplicability are characterized: the family of relevant attributes must satisfy a condition of acyclicity. The two most important attribute structures satisfying acyclicity, taxonomic hierarchies and lines representing uni-dimensional qualities, are studied in depth, and the entailed restrictions on the dissimilarity metric are characterized. In multi-dimensional settings, pairwise dissimilarity information among elements is typically insufficient to determine the diversity of their set. Using a parametrization of the hypercube as the simplest high-dimensional model, we discuss the new issues and phenomena that arise. Even simple instances of Noah's choice problem become combinatorially complex, and the quantitative behaviour of diversity differs fundamentally.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by University of Bonn, Germany in its series Discussion Paper Serie A with number 605.
Date of creation: Sep 1999
Date of revision:
Contact details of provider:
Postal: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany
Fax: +49 228 73 6884
Web page: http://www.bgse.uni-bonn.de
Diveristy; endangered species; similarity; set function; conjugate Moebius inversion;
Other versions of this item:
- D - Microeconomics
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (BGSE Office).
If references are entirely missing, you can add them using this form.