On the value of a collection of species

Stephen Polasky, Andrew R. Solow

Research output: Contribution to journalArticle

50 Scopus citations

Abstract

One justification for species conservation is the possibility that species will be found to be beneficial. Existing models of the value of a collection of potentially beneficial species typically assume that the probability that each species is beneficial does not depend on the outcome for other species. It is also typically assumed that beneficial species are perfect substitutes. This paper describes a model under which both these assumptions are relaxed.

Original languageEnglish (US)
Pages (from-to)298-303
Number of pages6
JournalJournal of Environmental Economics and Management
Volume29
Issue number3
DOIs
StatePublished - Nov 1995

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