Market-based conservation: Aligning static theory with dynamic systems Academic Article uri icon


  • AbstractThis paper provides a broad evaluation of the implications of marketbased conservation (MBC) strategies from economic, social and ecological perspectives. After reviewing the economic theory that underlies MBC initiatives, we develop a list of approaches that have been labeled as marketbased, and categorize them according to the degree to which they are freestanding markets or require the intervention of the state. A multidisciplinary critique reveals the potential problems and pitfalls of MBC are due to a lack of ability to deal with dynamic systems in the real world. The dynamics of these three systems can undermine the intended goals of MBC.

published proceedings


altmetric score

  • 0.25

author list (cited authors)

  • Woodward, R. T., Stronza, A., Shapiro-Garza, E., & Fitzgerald, L. A.

citation count

  • 5

complete list of authors

  • Woodward, Richard T||Stronza, Amanda||Shapiro-Garza, Elizabeth||Fitzgerald, Lee A

publication date

  • November 2014