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Ecological theories and indicators in economic models of biodiversity loss and conservation: A critical review
We evaluate how well environmental-economic models describe biodiversity loss and conservation issues. Four types of economic models turn out to dominate economic research into biodiversity conservation. For each of these, we assess the extent to which they integrate relevant ecological theories and...
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Published in: | Ecological economics 2007-03, Vol.61 (2), p.284-293 |
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Main Authors: | , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
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Summary: | We evaluate how well environmental-economic models describe biodiversity loss and conservation issues. Four types of economic models turn out to dominate economic research into biodiversity conservation. For each of these, we assess the extent to which they integrate relevant ecological theories and indicators of biodiversity loss. A main conclusion is that models with more economic detail contain less detailed descriptions of the ecological dynamics of biodiversity change. We provide suggestions for improving economic models of biodiversity conservation and discuss the advantages of using less stylised representations of ecological processes. |
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ISSN: | 0921-8009 1873-6106 |
DOI: | 10.1016/j.ecolecon.2006.01.013 |