Valuing ecosystem resilience

dc.creator	Scheufele, Gabriela
dc.creator	Bennett, Jeffrey W.
dc.date	2017-04-01T19:23:26Z
dc.date.accessioned	2026-07-09T05:37:19Z
dc.description	The concept of ecosystem resilience is being increasingly discussed as a driver of biodiversity values. It implies that marginal deteriorations in ecosystem conditions can abruptly result in non-marginal and irreversible changes in ecosystem functioning and the economic values that the ecosystem generates. This challenges the traditional approach to the valuation of biodiversity, which has focused on quantifying values attached to individual species or other elements of ecosystems. As yet, little is known about the value society attaches to changes in ecosystem resilience. This paper investigates this value. A discrete choice experiment is used to estimate implicit prices for attributes used to describe ecosystem resilience using the Border Ranges rainforests in Australia as an example. We find evidence that implicit prices for the attributes describing ecosystem resilience are positive and statistically significantly different from zero.
dc.identifier	Other:ISSN 1835-9728
dc.identifier	doi:10.22004/ag.econ.107806
dc.identifier	https://ageconsearch.umn.edu/record/107806/files/EERH_RR98.pdf
dc.identifier	http://ageconsearch.umn.edu/record/107806
dc.identifier.uri	http://hdl.handle.net/123456789/566152
dc.language	eng
dc.publisher
dc.source	http://ageconsearch.umn.edu/record/107806
dc.title	Valuing ecosystem resilience
dc.type	Text

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