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Research Area 2

Economics of Biodiversity and Ecosystem Services

Biological diversity contributes in a variety of ways to human well-being. Ecosystems and the services they generate thereby play a central role. For instance, many species have direct use value as food, fuel or pharmaceutical substance. Ecosystems also perform valuable regulating services such as pollination of crops, control of pests and diseases, or local and global climate stabilization. Our research in this area focuses on the particular ecological-economic interactions that are related to the risk dimension and the management of such risk, as well as on the relationships and potential conflicts between the aims of conservation of biodiversity, its use and the fair and equitable sharing of its benefits. Our research builds on an interdisciplinary integration of concepts and methods from ecology, philosophy and economics, with conceptual analysis and ecological-economic modelling at centre-stage.

 

 

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Abson, D.J., H. von Wehrden, S. Baumgärtner, J. Fischer, J. Hanspach, W. Härdtle, H. Heinrichs, A.M. Klein, D.J. Lang, P. Martens and D. Walmsley (2014), Ecosystem services as a boundary object for sustainability, Ecological Economics 103, 29–37.

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Barbier, E.B., S. Baumgärtner, K. Chopra, C. Costello, A. Duraiappah, R. Hassan, A.P. Kinzig, M. Lehman, U. Pascual, S. Polasky and C. Perrings (2009), The valuation of ecosystem services, in: S. Naeem, D.E. Bunker, A. Hector, M. Loreau and C. Perrings (eds), Biodiversity, Ecosystem Functioning, and Human Wellbeing, Oxford University Press, Oxford, pp. 248-262.

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Baumgärtner, S. (2004), Optimal investment in multi-species protection: interacting species and ecosystem health, EcoHealth 1(1), 101-110.

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Baumgärtner, S. (2007), The insurance value of biodiversity in the provision of ecosystem services, Natural Resource Modeling 20(1), 87–127.

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Baumgärtner, S. (2007), Why the measurement of species diversity requires prior value judgements, in: A. Kontoleon, U. Pascual and T. Swanson (eds), Biodiversity Economics. Principles, Methods and Applications, Cambridge University Press, Cambridge, pp. 293-310.

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Baumgärtner, S., C. Becker, M. Faber and R. Manstetten (2006), Relative and absolute scarcity of nature. Assessing the roles of economics and ecology for biodiversity conservation, Ecological Economics 59(4), 487-498.

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Baumgärtner, S., S. Derissen, M. Quaas and S. Strunz (2011), Consumer preferences determine resilience of ecological-economic systems, Ecology and Society 16(4), 9. 

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Baumgärtner, S., M.A. Drupp, J.N. Meya, J.M. Munz and M.F. Quaas (2017), Income inequality and willingness to pay for environmental public goods, Journal of Environmental Economics and Management 85: 35-61.

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Baumgärtner, S., A.M. Klein, D. Thiel, K. Winkler (2015), Ramsey discounting of ecosystem services, Environmental and Resource Economics 61(2): 273–296.

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Baumgärtner, S. and M.F. Quaas (2009), Agro-biodiversity as natural insurance and the development of financial insurance markets, in: A. Kontoleon, U. Pascual and M. Smale (eds), Agrobiodiversity, Conservation and Economic Development, Routledge, London, pp. 293-317.

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Baumgärtner, S. and M.F. Quaas (2009), Ecological-economic viability as a criterion of strong sustainability under uncertainty, Ecological Economics 68(7), 2008-2020.

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Baumgärtner, S. and M.F. Quaas (2010), Managing increasing environmental risks through agro-biodiversity and agri-environmental policies, Agricultural Economics 41(5), 483-496.

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Baumgärtner, S. and S. Strunz  (2014), The economic insurance value of ecosystem resilience, Ecological Economics 101, 21–31.

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Brink, E., Aalders, T., Ádám, D., Feller, R., Henselek, Y., Hoffmann, A., Ibe, K., Matthey-Doreta, A., Meyer, M. , Negruta, N. L., Rauc, A., Riewertse, B., von Schuckmanna, L., Törnrosa, S., von Wehrdenc, H., Absong, D. J. and Wamsler, C. (2016). Cascades of green: A review of ecosystem-based adaptation in urban areas. Global Environmental Change, 36, 111-123.

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Derissen, S., M.F. Quaas and S. Baumgärtner (2011), The relationship between resilience and sustainability of ecological-economic systems, Ecological Economics 70(6), 1121–1128.

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Doyen, L., C. Armstrong, S. Baumgärtner, C. Béné, F. Blanchard, A.A. Cissé, R. Cooper, L.X.C. Dutra, A. Eide, D. Freitas, S. Gourguet, F. Gusmao, P.-Y. Hardy, A. Jarre, L.R. Little, C. Macher, M.F. Quaas, E. Regnier, N. Sanz, O. Thébaud (2019), From no whinge scenarios to viability tree, Ecological Economics 163, 183–188.

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Glotzbach, S. and S. Baumgärtner (2012), The relationship between intragenerational and intergenerational ecological justice, Environmental Values 21(3), 331–355.

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Müller, B., M.F. Quaas, K. Frank and S. Baumgärtner (2011), Pitfalls and potential of institutional change: rain-index insurance and the sustainability of rangeland management, Ecological Economics 70(11), 2137-2144.

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Perrings, C., S. Baumgärtner, W.A. Brock, K. Chopra, M. Conte, C. Costello, A. Duraiappah, A.P. Kinzig, U. Pascual, S. Polasky, J. Tschirhart and A. Xepapadeas (2009), The economics of biodiversity and ecosystem services, in: S. Naeem, D.E. Bunker, A. Hector, M. Loreau and C. Perrings (eds), Biodiversity, Ecosystem Functioning, and Human Wellbeing, Oxford University Press, Oxford, pp. 230-247.

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Quaas, M.F. and S. Baumgärtner (2008), Natural vs. financial insurance in the management of public-good ecosystems, Ecological Economics 65(2), 397-406.

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Quaas, M.F., S. Baumgärtner, C. Becker, K. Frank and B. Müller (2007), Uncertainty and sustainability in the management of rangelands, Ecological Economics 62(2), 251-266.

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Quaas, M.F., S. Baumgärtner and M. De Lara (2019), Insurance value of natural capital, Ecological Economics 165, 106388.

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Quaas, M.F., D. van Soest and S. Baumgärtner (2013), Complementarity, impatience, and the resilience of natural-resource-dependent economies, Journal of Environmental Economics and Management 66(1), 15–32.

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Wätzold, F., M. Drechsler, C.W. Armstrong, S. Baumgärtner, V. Grimm, A. Huth, C. Perrings, H.P. Possingham, J.F. Shogren, A. Skonhoft, J. Verboom-Vasiljev and C. Wissel (2006), Ecological-economic modeling for biodiversity management: Potential, pitfalls, and prospects, Conservation Biology 20(4), 1034–1041.

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