Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Conflicts and Choices in Biodiversity Preservation

Conflicts and Choices in Biodiversity Preservation Abstract The purpose of this article is to examine the preservation of biodiversity as an economic problem. Using a very simple prototype model, the authors discuss how to include diversity in the objective function and how to develop a simple cost-benefit ranking criterion for ordering priorities. Then they analyze data on endangered species preservation decisions in the United States to shed light on the conformity of theory with practice. A basic theme is that the core issue in biodiversity preservation today is the fuzziness of the objective function. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Perspectives American Economic Association

Conflicts and Choices in Biodiversity Preservation

Loading next page...
 
/lp/american-economic-association/conflicts-and-choices-in-biodiversity-preservation-SFBSzQzy0C

References

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
American Economic Association
Copyright
Copyright © 1998 by the American Economic Association
Subject
Symposia
ISSN
0895-3309
DOI
10.1257/jep.12.3.21
Publisher site
See Article on Publisher Site

Abstract

Abstract The purpose of this article is to examine the preservation of biodiversity as an economic problem. Using a very simple prototype model, the authors discuss how to include diversity in the objective function and how to develop a simple cost-benefit ranking criterion for ordering priorities. Then they analyze data on endangered species preservation decisions in the United States to shed light on the conformity of theory with practice. A basic theme is that the core issue in biodiversity preservation today is the fuzziness of the objective function.

Journal

Journal of Economic PerspectivesAmerican Economic Association

Published: Aug 1, 1998

There are no references for this article.