Conservation: Economics, Science, and Policy

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· Tantor Media Inc · Loeb: Kyle Tait
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16 h 27 min
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The conservation of natural resources, like that of any other asset, involves trade-offs. Yet, in a world faced with the harsh realities of climate change, crafting the right environmental policies is an increasingly urgent task. In Conservation, Charles Perrings and Ann Kinzig bring together new research in economics and biodiversity to investigate conservation decisions and the theory behind them. Perrings and Kinzig apply the concept of conservation broadly to examine how the principles of conservation apply to the management of the natural world. They demonstrate that the same basic principles serve as the foundation of all rational conservation decisions, from managing financial assets to safeguarding at-risk ecosystems. Whether someone is deciding to hold or dispose of a stock or whether to exploit or preserve a natural resource, they are better off choosing to conserve a resource when its value to them, if conserved, is greater than its value when converted. Building on their basic theory of conservation, Perrings and Kinzig address key issues in the field of environmental economics, including the valuation of ecosystem services and environmental assets; the limits on the substitutability of produced and natural capital; and the challenges posed by the often weak markets for ecosystem services oriented toward the public good.

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Charles Perrings is a professor of environmental economics at Arizona State University. He was the founding editor of the journal Environment and Development Economics and is a past president of the International Society for Ecological Economics.

Ann Kinzig is a professor of biology and society at Arizona State University. She was named the first American Association for the Advancement of Science Roger Revelle Fellow in Global Stewardship, and worked on issues of conservation and climate change in the Clinton White House.

Kyle Tait is a professionally trained voice actor and narrator in Atlanta, Georgia. His first brush with a microphone came in sports radio, calling baseball in the Atlanta Braves' organization. He started voicing audiobooks during the off-season; a few years later, he left baseball to work as a narrator full-time.

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