Is bioprospecting a viable strategy for conserving tropical ecosystems?
This paper explores whether bioprospecting can reasonably be expected to change rural incentives to conserve tropical ecosystems. Bioprospecting advocates posit that the prospect of discovery ofbiota of immense commercial worth offers an avenue to increase the valuation of nature and endogenously reduce consumptive use of habitat. We consider the microeconomic mechanisms by which bioprospecting might affect incentives and the distributional consequences of these effects.
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"Valuing Research Leads: Bioprospecting and the Conservation of Genetic Resources,"
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- Rausser, Gordon C. & Small, Arthur A., 2000. "Valuing Research Leads: Bioprospecting and the Conservation of Genetic Resources," Berkeley Olin Program in Law & Economics, Working Paper Series qt4t56m5b8, Berkeley Olin Program in Law & Economics.
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