Conflicts and choices in biodiversity preservation
Article Abstract:
The economics of biodiversity preservation has certain limitations due to the lack of a clear objective. The objective function must be defined in specific terms to properly use scientific data or formulate rational policies for the protection of endangered species. Thus, a workable cost-effectiveness framework must be developed to reasonably guide the economics of biodiversity preservation. The framework must address the utility of a species as well as its distinctiveness from other species, increased probability of survival and the cost of increasing survivability.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Meddling through: regulating local telephone competition in the United States
Article Abstract:
The US Telecommunications Act of 1996 aimed at the enhancement of competition among telecommunications providers and its associated benefits such as new services, quality improvements and price reductions. Contrary to expectations, it only served to reinforce old or create new problems. Competition does not necessarily result in price reduction but pushes prices toward cost. The US could learn from the example set by Canada which has reduced its regulation while, at the same time, promoting competition in its local telephone companies.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Information and advertising: the case of fat consumption in the United States. Computing the Impact of Social Security Using the Life Cycle Consumption Function
- Abstracts: Information pooling through majority-rule voting: Condorcet's jury theorem with correlated votes. The Coase theorem in tenant protection
- Abstracts: Asymmetric demand information in regulation. The information content of dividend resumptions. Cartel quotas under majority rule
- Abstracts: Network structure and the diffusion of knowledge. Returns to costly pre-bargaining claims: taking a principled stand
- Abstracts: Introduction: remembering the Great Irish Famine 1845-1851. The value of weather information services for nineteenth-century Great Lakes shipping