Biodiversity Economics: Principles, Methods and Applications

doi:10.1017/CBO9780511551079

Human induced biodiversity loss is greater now than at any time in human history, with extinctions occurring at rates hundreds of times higher than background extinction levels. The field of biodiversity economics analyses the socio-economic causes of and solutions to biodiversity loss by combining the disciplines of economics, ecology and biology. This field has shown a remarkable degree of transformation over the past four decades and now incorporates the analysis of the entire diversity of biological resources within the living world. Biodiversity Economics presents a series of papers that show how bio-economic analysis can be applied to the examination and evaluation of the problem of various forms of biodiversity loss. Containing insightful bio-economic research by some of prominent practitioners in the field, this volume will be an essential research tool to those working on biodiversity issues in the academic, policy and private sectors.

Review of the hardback:‘For the curious, it is an exceptional introduction, covering both the intensive and extensive margin of biodiversity economics. For the cognoscenti, it is a store of original value contributed by outstanding scholars in the field.’

Gardner Brown - Professor Emeritus, University of Washington

Review of the hardback:‘For many years the BioEcon program has provided a forum for cutting-edge economic analysis of the important and difficult challenge of biodiversity conservation. This book brings together many of the most important contributions to have emerged from that program, providing an excellent overview of the state-of-the-art in the field.’

Stefano Pagiola - Senior Environmental Economist, The World Bank

Review of the hardback:‘Biodiversity loss is one of the great challenges of our time, alongside and closely linked to both climate change and global poverty. This volume offers penetrating analysis and practical approaches to assess the values, stem the loss and begin construction of a biodiversity-friendly economy.’

Joshua Bishop - IUCN - The World Conservation Union

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Frontmatter
pp i-iv
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Contents
pp v-viii
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List of figures
pp ix-xi
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List of tables
pp xii-xv
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List of contributors
pp xvi-xix
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Preface
pp xx-xxi
- By Andreas Kontoleon, University Lecturer in the Department of Land Economy, University of Cambridge, Unai Pascual, University Lecturer in the Department of Land Economy, University of Cambridge, Timothy Swanson, Chair in Law and Economics at the Department of Economics and Faculty of Law University College, London
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Acknowledgements
pp xxii-xxiii
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Foreword
pp xxiv-xxvi
- By Jeffrey A. McNeely, Chief Scientist, IUCN-The World Conservation Union Gland, Switzerland
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Introduction
pp 1-21
- By Andreas Kontoleon, University Lecturer in the Department of Land Economy, University of Cambridge, Unai Pascual, University Lecturer in the Department of Land Economy, University of Cambridge, Timothy Swanson, Chair in Law and Economics at the Department of Economics and Faculty of Law University College, London
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1 - Do we really care about biodiversity?
pp 22-54
- By David W. Pearce, Professor in Environmental Economics, University College London, London, UK
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Part I - Causes of biodiversity loss
pp 55-56
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2 - The economics of land conversion, open access and biodiversity loss
pp 57-91
- By Edward B. Barbier, John S. Bugas Professor of Economics, Department of Economics and Finance, University of Wyoming, USA
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3 - Estimating spatial interactions in deforestation decisions
pp 92-114
- By Juan A. Robalino, PhD Candidate, Department of Economics, Columbia University, USA, Alexander Pfaff, Associate Professor in Economics & International Affairs, School of International and Public Affairs and Department of Economics Columbia University, USA, Arturo Sanchez-Azofeifa, Associate Professor, Earth and Atmospheric Sciences Department University of Alberta, Edmonton, Alberta, Canada
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4 - Resource exploitation, biodiversity loss and ecological events
pp 115-130
- By Yacov Tsur, Professor of Agricultural Economics, Department of Agricultural Economics and Management The Hebrew University of Jerusalem, Israel, Amos Zemel, Professor in Economics, Department of Energy and Environmental Physics The Jacob Blaustein Institute for Desert Research, Ben Gurion University of the Negev, Israel
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5 - Pests, pathogens and poverty: biological invasions and agricultural dependence
pp 131-165
- By Charles Perrings, Professor in Environmental Economics, Environment Department, University of York, UK
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6 - Prevention versus control in invasive species management
pp 166-200
- By David Finnoff, Assistant Professor, Department of Economics and Finance University of Wyoming, USA, Jason F. Shogren, Stroock Distinguished Professor of Natural Resource Conservation & Management Department of Economics and Finance, University of Wyoming, USA, Brian Leung, Department of Biology & School of Environment McGill University, Montreal, Canada, David Lodge, Professor in Conservation Biology Department of Biological Sciences, University of Notre Dame, Notre Dame, USA
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7 - Trade and renewable resources in a second-best world: an overview
pp 201-245
- By Erwin H. Bulte, Professor in Environmental Economics, Department of Economics Tilburg University, The Netherlands, Edward B. Barbier, John S. Bugas Professor of Economics, Department of Economics and Finance University of Wyoming, USA
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8 - International trade and its impact on biological diversity
pp 246-268
- By Rafat Alam, PhD candidate, Department of Economics University of Ottawa, Canada, Nguyen Van Quyen, Associate Professor, Department of Economics University of Ottawa, Canada
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Part II - The value of biodiversity
pp 269-270
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9 - Designing the legacy library of genetic resources: approaches, methods and results
pp 271-292
- By Timo Goeschl, Professor in Environmental Economics, Alfred Weber-Institute of Economics University of Heidelberg, Germany, Timothy Swanson, Chair in Law and Economics at the Department of Economics and Faculty of Law University College, London
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10 - Why the measurement of species diversity requires prior value judgements
pp 293-310
- By Stefan Baumgärtner, Assistant Professor of Ecological Economics, Alfred Weber Institute of Economics University of Heidelberg, Germany
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11 - Combining TCM and CVM of endangered species conservation programme: estimation of the marginal value of vultures (Gyps fulvus) in the presence of species–visitors interaction
pp 311-342
- By Nir Becker, Professor in Economics Department of Economics and Management Tel-Hai College, NRERC, Haifa University, Israel, Yael Choresh, Researcher, Department of Natural Resources and Environmental Management University of Haifa, Israel, Moshe Inbar, Associate Professor Department of Biology, University of Haifa, Israel, Ofer Bahat, Department of Environmental Science and Chemistry University of Indianapolis, Ibillin, Israel
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12 - Valuing ecological and anthropocentric concepts of biodiversity: a choice experiments application
pp 343-368
- By Michael Christie, Assistant Professor, Institute of Rural Studies University of Wales Aberystwyth, UK, Nick Hanley, Professor in Environmental Economics, Department of Economics University of Stirling, UK, John Warren, Institute of Rural Studies University of Wales Aberystwyth, UK, Tony Hyde, Institute of Rural Studies University of Wales Aberystwyth, UK, Kevin Murphy, Institute of Rural Studies University of Wales Aberystwyth, UK, Robert Wright, Professor in Economics Department of Economics and Vice-Dean, Faculty of Management, University of Stirling, UK
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13 - Spatially explicit valuation with choice experiments – a case of multiple-use management of forest recreation sites
pp 369-384
- By Paula Horne, Senior Research Fellow Finnish Forest Research Institute, Helsinki, Finland, Peter Boxall, Professor in Economics Department of Rural Economy, University of Alberta, Canada, Wiktor Adamowicz, Professor & Canada Research Chair, Department of Rural Economy University of Alberta, Canada
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Part III - Policies for biodiversity conservation
pp 385-386
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14 - Auctioning biodiversity conservation contracts: an empirical analysis
pp 387-416
- By Gary Stoneham, Chief Economist Economics and Policy Research Branch, Department of Primary Industries, Victoria, Australia, Vivek Chaudhri, Associate Professor Department of Management, Monash University, Australia, Loris Strappazzon, Principal Economist Economics Branch, Division of Agriculture, Department of Natural Resources and Environment, Victoria, Australia, Arthur Ha, Senior Economist Economics & Policy Research Branch, Department of Primary Industries, Victoria, Australia
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15 - An evolutionary institutional approach to the economics of bioprospecting
pp 417-445
- By Tom Dedeurwaerdere, Assistant Professor National Foundation for Scientific Research, Belgium and Université catholique de Louvain, Belgium, Vijesh Krishna, PhD Candidate Faculty of Agricultural Sciences, University of Hohenheim, Germany, Unai Pascual, University Lecturer in the Department of Land Economy, University of Cambridge
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16 - An ecological-economic programming approach to modelling landscape-level biodiversity conservation
pp 446-478
- By Ernst-August Nuppenau, Professor of Agricultural Economics Department of Agricultural Policy and Market Research, Justus Liebig University Giessen, Germany, Marc Helmer, Department of Agricultural Policy and Market Research Justus Liebig University, Giessen, Germany
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17 - The effectiveness of centralised and decentralised institutions in managing biodiversity: lessons from economic experiments
pp 479-500
- By Jana Vyrastekova, Associate Professor Department of Economics and CentER, University of Tilburg, The Netherlands, Daan van Soest, Associate Professor Department of Economics and CentER, University of Tilburg, The Netherlands
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18 - Conserving species in a working landscape: land use with biological and economic objectives
pp 501-530
- By Steve Polasky, Fesler-Lampert Professor of Ecological & Environmental Economics Department of Applied Economics, University of Minnesota, USA, Erik Nelson, PhD Candidate Department of Applied Economics, University of Minnesota, USA, Eric Lonsdorf, Research Associate Lincoln Park Zoo, Alexander Center for Applied Population Biology, Chicago, USA, Paul Fackler, Associate Professor Department of Agricultural and Resource Economics, North Carolina State University, Anthony Starfield, Professor Department of Ecology, Evolution and Behavior, University of Minnesota, USA
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Principles, Methods and Applications

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