S. Polasky et al., Selecting biological reserves cost-effectively: An application to terrestrial vertebrate conservation in Oregon, LAND ECON, 77(1), 2001, pp. 68-78
Concerns that the loss of habitat have greatly increased species extinction
rates has led to calls for establishing biological reserves to preserve ke
y habitat. In this paper, we study reserve site selection for terrestrial v
ertebrates in Oregon using data on species ranges and land values. We find
cost-effective strategies that represent a maximum number of species for a
given conservation budget. By varying the budget, we find the cost of obtai
ning various levels of representation. In general, effective conservation d
erision-making requires integrated analysis of both biological and economic
data.