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- W4385710105 abstract "There is growing evidence to suggest that there is an increase in species extinction occurring globally. In this article, we briefly review the literature on the economics of species extinction, examining what is meant by extinction before explaining how economics has conceptualised this. The initial economics literature on species extinction focuses largely on renewable resources, in particular fisheries, but has subsequently evolved to cover many aspects of biodiversity across all physical scales, employing an increasing array of methodological tools. We also consider aspects of cultural and societal extinctions (e.g. local languages, local knowledge) and how this is positively correlated with loss of biodiversity, as well as an economist’s outlook on the potential to re-capture value post-extinction." @default.
- W4385710105 created "2023-08-10" @default.
- W4385710105 date "2023-06-30" @default.
- W4385710105 modified "2023-10-16" @default.
- W4385710105 title "Decision: The economics of species extinction: An economist’s viewpoint — R2/PR12" @default.
- W4385710105 doi "https://doi.org/10.1017/ext.2023.18.pr12" @default.
- W4385710105 hasPublicationYear "2023" @default.
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