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Conservation economics: economic analysis of biodiversity conservation and ecosystem services

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  • Stephen Polasky

Abstract

Economic analysis has much to contribute to understanding and analyzing the conservation of biological diversity and the provision of ecosystem services. These issues are vitally important and relatively understudied by economists to date. Application of economic tools is needed to understand the benefits and costs of conserving biodiversity and providing ecosystem services. Application of economic tools is needed to evaluate management and policy options both in terms of cost effectiveness and cost—benefit analysis. This article reviews recent developments in the area of conservation economics and discusses important challenges that remain. Copyright Springer Japan 2009

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  • Stephen Polasky, 2009. "Conservation economics: economic analysis of biodiversity conservation and ecosystem services," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 10(1), pages 1-20, March.
    • Handle: RePEc:spr:envpol:v:10:y:2009:i:1:p:1-20
    DOI: 10.1007/BF03353976
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    2. Daniels, Silvie & Bellmore, J. Ryan & Benjamin, Joseph R. & Witters, Nele & Vangronsveld, Jaco & Van Passel, Steven, 2018. "Quantification of the Indirect Use Value of Functional Group Diversity Based on the Ecological Role of Species in the Ecosystem," Ecological Economics, Elsevier, vol. 153(C), pages 181-194.
    3. Hayashi, Takashi & Takahashi, Yoshifumi, 2015. "Market internalized value of bio-friendly agriculture: An evaluation of impact of stork-friendly rice production on a local economy," 2015 Conference, August 9-14, 2015, Milan, Italy 211715, International Association of Agricultural Economists.

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