Pearce, David W. (David William)

The authors show how cost-benefit techniques can be applied to biodiversity and how they provide a measure of the efficiency of conservation techniques. Only if biodiversity conservation passes a basic economic test such as cost-benefit analysis is it likely to be incorporated into policy. Written with great clarity and accessibility, the book will be invaluable to policy-makers and others grappling with this subject, and is also a very suitable introdution and course-book for students of economics and environmental studies.