Biodiversity is an important environmental public good. However, the literature suggests that it is not clear how its economic value should be estimated; there is no established framework for doing this. This paper summarises concepts of biodiversity value from the ecological and economic...

Ecological Economics inherently faces a challenge akin to sailing between Scylla and Charybdis. In Greek mythology these are two monsters located on opposite sides of a narrow strait, and falling victim to one or other of them is unavoidable. In the recurring process of establishing and refining...

Biodiversity loss in Europe is caused to a large extent by agricultural intensification. To halt this loss and to support species and habitat types in agricultural areas, agri-environment schemes have been introduced in Europe to compensate farmers for (costly) conservation measures. Currently,...