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The optimal dynamic allocation of conservation funds under financial uncertainty

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  • Drechsler, Martin
  • Watzold, Frank

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  • 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
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    References listed on IDEAS

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    1. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474, December.
    2. Groeneveld, Rolf, 2005. "Economic considerations in the optimal size and number of reserve sites," Ecological Economics, Elsevier, vol. 52(2), pages 219-228, January.
    3. 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.
    4. 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.
    5. 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.
    6. 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).
    7. Nick Hanley & Hilary Kirkpatrick & David Oglethorpe & Ian Simpson, 1998. "Principles for the provision of public goods from agriculture: modelling moorland conservation in Scotland," Chapters, in: John M. Antle & Joseph N. Lekakis & George P. Zanias (ed.), Agriculture, Trade and the Environment, chapter 8, pages 154-169, Edward Elgar Publishing.
    8. Dreze, Jacques H. & Modigliani, Franco, 1972. "Consumption decisions under uncertainty," Journal of Economic Theory, Elsevier, vol. 5(3), pages 308-335, December.
    9. 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.
    10. Costello, Christopher & Polasky, Stephen, 2004. "Dynamic reserve site selection," Resource and Energy Economics, Elsevier, vol. 26(2), pages 157-174, June.
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    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.

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