The Value of Learning about Natural History in Biodiversity Markets.

ABSTRACT: Markets for biodiversity have generated much controversy because of the often unstated and untested assumptions included in transactions rules. Simple trading rules are favored to reduce transaction costs, but others have argued that this leads to markets that favor development and erode biodiversity. Here, I describe how embracing complexity and uncertainty within a tradable credit system for the Red-cockaded Woodpecker (Picoides borealis) creates opportunities to achieve financial and conservation goals simultaneously. Reversing the effects of habitat fragmentation is one of the main reasons for developing markets. I include uncertainty in habitat fragmentation effects by evaluating market transactions using five alternative dispersal models that were able to approximate observed pattern

SUBMITTER: Bruggeman DJ 

PROVIDER: S-EPMC4684417 | biostudies-literature | 2015

REPOSITORIES: biostudies-literature