Why Economics Matters for Endangered Species Protection
Autor: | Jason F. Shogren, John Tschirhart, Stephen M. Meyer, Terry Anderson, Robert Innes, Stephan Polasky, Steven R. Beissinger, Gardner M. Brown, Amy W. Ando, Don Coursey, David S. Brookshire |
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Rok vydání: | 1999 |
Předmět: |
Opportunity cost
Ecology Natural resource economics Yield (finance) media_common.quotation_subject Endangered species Risk factor (computing) Economic parameters Scarcity Incentive Business Ecology Evolution Behavior and Systematics Nature and Landscape Conservation Wildlife conservation media_common |
Zdroj: | Conservation Biology. 13:1257-1261 |
ISSN: | 1523-1739 0888-8892 |
DOI: | 10.1046/j.1523-1739.1999.98414.x |
Popis: | We offer three reasons why economics matters more to species protection than many people think and what this implies for the ongoing debate over the reauthorization of the Endangered Species Act of 1973. Economics matters because (1) human behavior generally, and economic parameters in particular, help determine the degree of risk to a species; (2) in a world of scarce resources, the opportunity cost of species protection—the costs of reduced resources for other worthwhile causes—must be taken into account in decision making; and (3) economic incentives are critical in shaping human behavior, and consequently the recovery of species. Endangered species protection that explicitly addresses these basic principles can avoid wasting valuable resources that yield no gain in species protection. |
Databáze: | OpenAIRE |
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