IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v61y2007i2-3p255-266.html
   My bibliography  Save this article

The optimal dynamic allocation of conservation funds under financial uncertainty

Author

Listed:
  • Drechsler, Martin
  • Watzold, Frank

Abstract

No abstract is available for this item.

Suggested Citation

  • Drechsler, Martin & Watzold, Frank, 2007. "The optimal dynamic allocation of conservation funds under financial uncertainty," Ecological Economics, Elsevier, vol. 61(2-3), pages 255-266, March.
    • Handle: RePEc:eee:ecolec:v:61:y:2007:i:2-3:p:255-266
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921-8009(06)00095-4
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Higgins, Steven I. & Turpie, Jane K. & Costanza, Robert & Cowling, Richard M. & Le Maitre, Dave C. & Marais, Christo & Midgley, Guy F., 1997. "An ecological economic simulation model of mountain fynbos ecosystems: Dynamics, valuation and management," Ecological Economics, Elsevier, vol. 22(2), pages 155-169, August.
    2. Nick Hanley & Hilary Kirkpatrick & Ian Simpson & David Oglethorpe, 1998. "Principles for the Provision of Public Goods from Agriculture: Modeling Moorland Conservation in Scotland," Land Economics, University of Wisconsin Press, vol. 74(1), pages 102-113.
    3. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    4. Costello, Christopher & Polasky, Stephen, 2004. "Dynamic reserve site selection," Resource and Energy Economics, Elsevier, vol. 26(2), pages 157-174, June.
    5. Groeneveld, Rolf, 2005. "Economic considerations in the optimal size and number of reserve sites," Ecological Economics, Elsevier, vol. 52(2), pages 219-228, January.
    6. Hayne E. Leland, 1968. "Saving and Uncertainty: The Precautionary Demand for Saving," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 82(3), pages 465-473.
    7. Dreze, Jacques H. & Modigliani, Franco, 1972. "Consumption decisions under uncertainty," Journal of Economic Theory, Elsevier, vol. 5(3), pages 308-335, December.
    8. Ulrich Hampicke & Dieter Roth, 2000. "Costs of land use for conservation in Central Europe and future agricultural policy," International Journal of Agricultural Resources, Governance and Ecology, Inderscience Enterprises Ltd, vol. 1(1), pages 95-108.
    9. Johst, Karin & Drechsler, Martin & Watzold, Frank, 2002. "An ecological-economic modelling procedure to design compensation payments for the efficient spatio-temporal allocation of species protection measures," Ecological Economics, Elsevier, vol. 41(1), pages 37-49, April.
    10. Drechsler, Martin & Wätzold, Frank, 2003. "Species conservation in the face of political uncertainty," UFZ Discussion Papers 4/2003, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wätzold, Frank & Lienhoop, Nele & Drechsler, Martin & Settele, Josef, 2008. "Estimating optimal conservation in the context of agri-environmental schemes," Ecological Economics, Elsevier, vol. 68(1-2), pages 295-305, December.
    2. Iovanna, Richard & Newbold, Stephen C., 2007. "Ecological sustainability in policy assessments: A wide-angle view and a close watch," Ecological Economics, Elsevier, vol. 63(4), pages 639-648, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eppink, Florian V. & van den Bergh, Jeroen C.J.M., 2007. "Ecological theories and indicators in economic models of biodiversity loss and conservation: A critical review," Ecological Economics, Elsevier, vol. 61(2-3), pages 284-293, March.
    2. Gollier, Christian, 2002. "Time Horizon and the Discount Rate," Journal of Economic Theory, Elsevier, vol. 107(2), pages 463-473, December.
    3. repec:hal:spmain:info:hdl:2441/4aorppjfgr8v2prdh6fmd1kaik is not listed on IDEAS
    4. Svenja Hector, 2013. "Accounting for Different Uncertainties: Implications for Climate Investments?," Working Papers 2013.107, Fondazione Eni Enrico Mattei.
    5. Panagiotidis, Theodore & Printzis, Panagiotis, 2020. "What is the investment loss due to uncertainty?," Global Finance Journal, Elsevier, vol. 45(C).
    6. Martin Flodén, 2006. "Labour Supply and Saving Under Uncertainty," Economic Journal, Royal Economic Society, vol. 116(513), pages 721-737, July.
    7. Miao, Jianjun & Wang, Neng, 2007. "Investment, consumption, and hedging under incomplete markets," Journal of Financial Economics, Elsevier, vol. 86(3), pages 608-642, December.
    8. Adler, Matthew D. & Treich, Nicolas, 2017. "Utilitarianism, prioritarianism, and intergenerational equity: A cake eating model," Mathematical Social Sciences, Elsevier, vol. 87(C), pages 94-102.
    9. repec:dau:papers:123456789/11094 is not listed on IDEAS
    10. M. Menegatti, 2006. "A note on a new interpretation for the precautionary saving motive," Economics Department Working Papers 2006-EP05, Department of Economics, Parma University (Italy).
    11. Danau, Daniel, 2020. "Prudence and preference for flexibility gain," European Journal of Operational Research, Elsevier, vol. 287(2), pages 776-785.
    12. Koulovatianos, Christos & Mirman, Leonard J. & Santugini, Marc, 2009. "Optimal growth and uncertainty: Learning," Journal of Economic Theory, Elsevier, vol. 144(1), pages 280-295, January.
    13. Arrondel, Luc, 2002. "Risk management and wealth accumulation behavior in France," Economics Letters, Elsevier, vol. 74(2), pages 187-194, January.
    14. Hubbard, R. Glenn & Skinner, Jonathan & Zeldes, Stephen P., 1994. "The importance of precautionary motives in explaining individual and aggregate saving," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 40(1), pages 59-125, June.
    15. Berger, Loïc, 2014. "Precautionary saving and the notion of ambiguity prudence," Economics Letters, Elsevier, vol. 123(2), pages 248-251.
    16. Mark Huggett, 2004. "Precautionary Wealth Accumulation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(3), pages 769-781.
    17. Michel Normandin, 1993. "Épargne de précaution et revenu de travail incertain : un survol de la littérature," L'Actualité Economique, Société Canadienne de Science Economique, vol. 69(4), pages 347-364.
    18. Barsky, Robert B & Mankiw, N Gregory & Zeldes, Stephen P, 1986. "Ricardian Consumers with Keynesian Propensities," American Economic Review, American Economic Association, vol. 76(4), pages 676-691, September.
    19. Ambrogio Cesa‐Bianchi & Emilio Fernandez‐Corugedo, 2018. "Uncertainty, Financial Frictions, and Nominal Rigidities: A Quantitative Investigation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 50(4), pages 603-636, June.
    20. Donatella Baiardi & Marco Magnani & Mario Menegatti, 2014. "Precautionary saving under many risks," Journal of Economics, Springer, vol. 113(3), pages 211-228, November.
    21. Guillermo Cruces, 2005. "Income Fluctuations, Poverty and Well-Being Over Time: Theory and Application to Argentina," Labor and Demography 0502007, University Library of Munich, Germany.
    22. Ambrogio Cesa-Bianchi & Emilio Fernandez-Corugedo, 2014. "Uncertainty in a model with credit frictions," Bank of England working papers 496, Bank of England.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:61:y:2007:i:2-3:p:255-266. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.