Searching for uncertain benefits and the conservation of biological diversity

Stephen Polasky; Andrew Solow; James Broadus

doi:10.1007/BF00338783

Searching for uncertain benefits and the conservation of biological diversity

Stephen Polasky, Andrew Solow, James Broadus

Applied Economics

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26 Scopus citations

Abstract

This paper describes a model under which the maximization of option value leads to a preference for biological diversity arising from potential substitutability among species.

Original language	English (US)
Pages (from-to)	171-181
Number of pages	11
Journal	Environmental & Resource Economics
Volume	3
Issue number	2
DOIs	https://doi.org/10.1007/BF00338783
State	Published - Apr 1 1993

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Searching for uncertain benefits and the conservation of biological diversity

Abstract

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