Economic Valuation of Biodiversity

Taylor & Francis

Economic Valuation of BiodiversityAn Interdisciplinary Conceptual Perspective\nAuthor(s): Bartosz Bartkowski\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138039360, 978-1138039360\nSynopsis\nWhile 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 loss of biological diversity can be viewed in two ways. First, the consequence of this deterioration process is a loss of options and an increase in scarcity of the environmental good, biodiversity. Second, economic activity and the structure of global and local economic institutions have frequently been identified as the major drivers of biodiversity loss. In economic terms, this constitutes a market failure market-based economic activities lead to processes which undermine the long-term stability of these very activities. \n\nThis book provides an ecological .