When the truth hurts: endangered species policy on private land with imperfect information
Article Abstract:
A model of the compensation approach is tested to effect private landowner participation in endangered species protection. The model shows that the factors necessary to effect private land owners to defer development of their land for endangered species protection include potential value of the land and how regulators compensate for the value of the land. The model is shown to exhibit imperfect equilibrium when little or no information on species distribution exists, or habitat types that could potentially act as homes of the endangered species. The potentially destructive effect of development could be offset by instituting a development fee which would be equal to the land's 'conserved' value, thereby providing equal alternatives for landowners.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1998
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Modeling joint production of wildlife and timber
Article Abstract:
A method is developed that combines economic and ecological models in a dynamic and spatial analysis to evaluate land use decisions and find cost-effective alternatives for which it is not possible to do better on one objective without harming another objective. The method is demonstrated using timber production and species conservation on a forested landscape over a 100-year planning horizon.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 2004
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On the value of a collection of species
Article Abstract:
The valuation of collections of plant and animal species is discussed, in relation to the potential benefits that conservation provides. A model is presented which challenges two assumptions about species conservation.
Publication Name: Journal of Environmental Economics and Management
Subject: Environmental services industry
ISSN: 0095-0696
Year: 1995
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