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Conservation Priorities when Species Interact: the Noah's Ark Metaphor Revisited

Author

Listed:
  • Pierre Courtois

    (INRA-Lameta)

  • Charles Figuières

    () (INRA-Lameta)

  • Chloé Mulier

    (Lameta)

Abstract

This note incorporates ecological interactions into the Noah's Arch problem [M.L. Weitzman, The Noah's Arch problem, Econometrica 66(6) (1998) 1279-1298]. In doing so, we arrive at a general model for ranking in situ conservation projects accounting for species interrelations and provide an operational cost-effectiveness method for the selection of best preserving diversity projects under a limited budget constraint.

Suggested Citation

  • Pierre Courtois & Charles Figuières & Chloé Mulier, 2014. "Conservation Priorities when Species Interact: the Noah's Ark Metaphor Revisited," Working Papers 2014.02, FAERE - French Association of Environmental and Resource Economists.
  • Handle: RePEc:fae:wpaper:2014.02
    as

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    File URL: http://www.faere.fr/pub/WorkingPapers/Courtois_Figuieres_Mulier_FAERE_WP2014.02.pdf
    File Function: First version, 2014
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    References listed on IDEAS

    as
    1. Solow Andrew & Polasky Stephen & Broadus James, 1993. "On the Measurement of Biological Diversity," Journal of Environmental Economics and Management, Elsevier, vol. 24(1), pages 60-68, January.
    2. Martin L. Weitzman, 1998. "The Noah's Ark Problem," Econometrica, Econometric Society, vol. 66(6), pages 1279-1298, November.
    3. 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.
    4. van der Heide, C. Martijn & van den Bergh, Jeroen C.J.M. & van Ierland, Ekko C., 2005. "Extending Weitzman's economic ranking of biodiversity protection: combining ecological and genetic considerations," Ecological Economics, Elsevier, vol. 55(2), pages 218-223, November.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Pierre Courtois & Charles FiguiËres & ChloÈ Mulier & Joakim Weill, 2017. "A cost-benefit approach for prioritizing invasive species," Policy Papers 2017.06, FAERE - French Association of Environmental and Resource Economists.
    2. Courtois, Pierre & Figuieres, Charles & Mulier, Chloe & Weill, Joakim, 2018. "A Cost–Benefit Approach for Prioritizing Invasive Species," Ecological Economics, Elsevier, vol. 146(C), pages 607-620.
    3. Perry, Neil & Shankar, Sriram, 2017. "The State-contingent Approach to the Noah's Ark Problem," Ecological Economics, Elsevier, vol. 134(C), pages 65-72.
    4. Sol, Joeri, 2019. "Economics in the anthropocene: species extinction or steady state economics," Ecological Economics, Elsevier, vol. 165(C), pages 1-1.
    5. Courtois, Pierre & Figuières, Charles & Mulier, Chloe, 2019. "A Tale of Two Diversities," Ecological Economics, Elsevier, vol. 159(C), pages 133-147.

    More about this item

    Keywords

    Conservation priorities; Ecological interactions; Biodiversity; Weitzman's ranking criterion;

    JEL classification:

    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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