Conservation Bio Main Points 12-03-07

Conservation Bio Main Points 12-03-07 - Conservation Bio...

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Conservation Bio Main Points 12-03-07 Economics of Conservation Types of Value o Use Value: The value of actual uses we get from a resource now Direct uses: Private goods like fish and meat, medicinal plants, animal fodder, fuel/wood Indirect uses: Public goods: Flood control, drinking water, transportation, education, pollution control o Option Value: Potential future resource Medicines, biological insights, food success, building supplies, water supplies o Existence value: Gain value purely through its existence Protection of biological diversity, maintaining culture of local people, ecological and evolutionary processes o Other values Aesthetic value Cultural value: Things that are important for cultural identity Scientific and education value Bequest value: Want to save it for future generations Value lost: Resource is no longer there Money as the form of value o Problematic as a way to value species and the environment o Assigning monetary worth to something can be difficult
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This note was uploaded on 04/17/2008 for the course E&EB 115 taught by Professor Jeffreypowellmartawells during the Fall '07 term at Yale.

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Conservation Bio Main Points 12-03-07 - Conservation Bio...

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