Rational economic decisions regarding theconservation of biodiversity require the
considerationof all the benefits generated by this naturalresource. Recently a number of …

While biodiversity loss is an ecological phenomenon, it also has further dimensions–
political, social and, last but not least, economic. From the economic perspective, the rapid …

This book surveys and highlights the potential and limitations of an ecological-economic
analysis of biodiversity. Chapter 2 presents a definition of biodiversity and discusses …

To value something, you first have to know what it is. Bartkowski et al.(2015) reveal a critical
weakness: that biodiversity has rarely, if ever, been defined in economic valuations of …

This paper introduces and surveys ecological-economic analysis and valuation of
biodiversity. Furthermore, the notion and application of economic, monetary valuation of …

Linking biophysical aspects of ecosystems with human benefits through the notion of
ecosystem services is essential to assess the trade-offs (ecological, socio-cultural, economic …

This paper critically evaluates the notion and application of economic, monetary valuation of
biological diversity, or biodiversity. For this purpose four levels of diversity are considered …

Economic valuation mostly focuses on specific ecosystems, species or the services they
provide. The diversity within ecosystems is viewed as a valuation object less frequently. In …

As problems of environmental change become more evident, we increasingly realize how
much we depend upon wildlife for a wide range of so-called ecosystem services. These …

In the Total Economic Value (TEV) framework, ecosystems may generate output values (the
values generated in the current state of the ecosystem, for example food production, climate …