biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological …The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative … the extent of uncertainty and risk-aversion as follows: (i) Individual effort to improve ecosystem quality unambiguously …

biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological …The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative … the extent of uncertainty and risk-aversion as follows: (i) Individual effort to improve ecosystem quality unambiguously …

Agro-biodiversity can provide natural insurance to risk-averse farmers by reducing the variance of crop yield, and to … analyze the choice of agro-biodiversity by risk-averse farmers who have access to financial insurance, and study the … insurance function, low costs and large external benefits of agro-biodiversity …

biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological … ; free-riding ; insurance ; public good ; risk-aversion ; uncertainty …The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative …

counter these in selected OECD countries. More specifically, the paper begins with an overview of the main biodiversity and …

oligopoly characterized by a homogeneous non-storable good, sticky prices and uncertainty. Our model nests the classical dynamic …-time limit of our model with no uncertainty and no risk-aversion. Focusing on the continuous-time limit of the infinite horizon … inversely related to the degrees of uncertainty and risk-aversion. However, the effect of uncertainty and risk …