The Economics of Nature: Managing Biological Assets

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9780631218951: The Economics of Nature: Managing Biological Assets

The Economics of Nature Management takes a unique "portfolio management" perspective on the worldwide deterioration of the natural environment.

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The Economics of Nature Management takes a unique "portfolio management" perspective on the worldwide deterioration of the natural environment. For many emerging countries, nature conservation boils down to the purely economic decision of "investing" limited funds in nature potentially at the expense of investing in other necessary imperatives such as education or infrastructure. As a result, the authors see the function of the book as twofold. First, to measure environmental services and biological assets and second it demonstrates how it applies the economic theory of nature management through case studies.

About the Author:

G. Cornelis van Kooten is Professor in Agricultural Sciences and Forestry as well as Associate Director of the Forest Economics and Policy Analysis (FEPA) Research Unit at the University of British Columbia. He is on the editorial boards of several international journals, and has published more than 100 articles and books on natural resource and environmental economics as they relate to agriculture and forestry.

Erwin H. Bulte is Assistant Professor in Tilburg University's Department of Economics and in Wageningen University's Department of Economics and Management. He has published widely in the areas of endangered species conservation, renewable resource management, and forestry. He serves as Secretary General of the European Association of Environmental and Resource Economists (EAERE).

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