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Common And Endangered Species: How Does Society Allocate Support For Their Conservation

Tisdell, Clem & Wilson, Clevo (2005) Common And Endangered Species: How Does Society Allocate Support For Their Conservation. In ACE 05 - The Economic Society Of Australia: 34th Conference Of Economists, 26-28 September, Melbourne, VIC.

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Abstract

Examines how society allocates support for species’ conservation when numbers involved are large and resources are limited. Rational behaviour suggests that species in urgent need of conservation will receive more support than those species that are common. However, we demonstrate that in the absence of balanced knowledge common species will receive support more than they would otherwise receive despite society placing high existence values on all species. Twenty four species, both common and endangered and some with a restricted distribution, are examined. We demonstrate that balanced information is vital in order to direct more support for species that are endangered than those that are not. Implications for conservation stemming from the findings are discussed.

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ID Code: 24532
Item Type: Conference Paper
Keywords: Tropical Wildlife, Endangered Species, Public Support, Willingness To Pay
ISBN: 0734026080
Subjects: Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200) > Environment and Resource Economics (140205)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Deposited On: 18 Jun 2009 00:34
Last Modified: 01 Mar 2012 10:45

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