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Demand-Side Factors in Optimal Land Conservation Choice AgEcon
Ando, Amy Whritenour; Shah, Payal.
The dominant paradigm of conservation-reserve planning in economics is to optimize the provision of physical conservation benefits (measured in units like species protected) given a budget constraint. Large-scale biology-based priority setting implies that the value we place on biodiversity and ecosystem function is not affected by human proximity to that natural capital. There is significant evidence, however, that human willingness to pay (WTP) for conservation declines with distance (e.g. Loomis 2000) – a phenomenon we refer to as “spatial value decay”. This paper begins a new strand of the conservation planning literature that takes demand-side factors – the location of people in the landscape and the degree to which their willingness to pay for an...
Tipo: Conference Paper or Presentation Palavras-chave: Conservation; Endangered species; Optimal reserve-site selection; Spatial; Demand-side; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q24; Q57.
Ano: 2009 URL: http://purl.umn.edu/49209
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