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

abstract

• 2014 United Nations. This paper provides a broad evaluation of the implications of market-based 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 "market-based", and categorize them according to the degree to which they are free-standing 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.

authors

• Fitzgerald, Lee
• Stronza, Amanda
• Woodward, Richard

published proceedings

• NATURAL RESOURCES FORUM

altmetric score

• 0.25

author list (cited authors)

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

citation count

• 4

complete list of authors

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

publication date

• January 2014

publisher

• Wiley  Publisher

published in

• Natural Resources Forum  Journal

keywords

• Conservation Policy
• Incentive-based Conservation
• Market-based Conservation

Digital Object Identifier (DOI)

• 10.1111/1477-8947.12058

start page

• 235

end page

• 247

volume

• 38

issue

• 4