Optimal conservation, extinction debt, and the augmented quasi-option value

DOI10.1016/J.JEEM.2008.10.002zbMath1194.91144OpenAlexW1978355954WikidataQ56767494 ScholiaQ56767494MaRDI QIDQ994067

Anke D. Leroux, Vance L. Martin, Timo Goeschl

Publication date: 17 September 2010

Published in: Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jeem.2008.10.002

zbMATH Keywords

learningreal optionsendogenous riskbiodiversity conservationCosta Rica

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Ecology (92D40) Actuarial science and mathematical finance (91G99)

Related Items (2)

Land conversion pace under uncertainty and irreversibility: too fast or too slow? ⋮ The stochastic control model for use conversion of land

Cites Work

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• Species preservation and biodiversity value: a real options approach
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• LAND DEVELOPMENT AND WILDERNESS CONSERVATION POLICIES UNDER UNCERTAINTY: A SYNTHESIS
• Optimal Investment with Costly Reversibility
• Optimal environment management in the presence of irreversibilities
• Nonrenewable resources with switching costs

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