Endangered species, real options, and forest management
نویسندگان
چکیده
منابع مشابه
Arbitrage, Options and Endangered Species
I model the impact of mitigation banking accompanied by Safe Harbor provisions on a land-owners choices about supporting a population of an endangered species. The Safe Harbor provision is equivalent to a free call option on a population with market value, and mitigation banking can allow a landowner with an endangered species to arbitrage between land without and with permission to develop. A...
متن کاملMergers and market valuation: real options approach
This paper investigates the connection between market valuation anda type of the merger (stock, cash) using real options setup. I solveexplicitly for the timing and terms of cash mergers in two deferent settingsto demonstrate that cash mergers generally occur at low marketvaluations, whereas stock mergers that may be observed at both low andhigh valuations; the result holds with some dierences ...
متن کاملEndangered species and endangered knowledge
The recent discovery of a new species of land iguana in the Galapagos (Tzika et al. 2008; Gentile et al. 2009; Gentile & Snell 2009) is indeed an exciting novelty, of great interest to all zoologists and evolutionary biologists. This species being apparently represented only by a very small population with a very limited range, it was described as a new taxon following an unusual procedure: no ...
متن کاملEndangered species management: the US experience
To many people around the world, the conservation of endangered species is synonymous with the conservation of biodiversity. Ecologists, of course, understand that biodiversity encompasses far more than endangered species, but it is nonetheless true that endangered species are among the most visible and easily understood symbols of the ongoing loss of biodiversity (see Chapter 10). The protecti...
متن کاملExtension’s Role in Endangered Species Management
Cooperative Extension is an ideal facilitator for volatile wildlife issues such as endangered species management on private lands. Often, lack of trust in government agencies or fear of Endangered Species Act regulations hinders conservation efforts on these private lands. Extension personnel have close ties to local affected communities and thus can be instrumental in educating landowners rega...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: PAMM
سال: 2007
ISSN: 1617-7061,1617-7061
DOI: 10.1002/pamm.200701097