Title

Single-Species Versus Multiple-Species Models: The Economic Implications

Document Type

Article

Publication Date

12-15-2003

Abstract

Ecologists frequently note the importance of modelling entire ecosystems rather than individual species, but most bioeconomic models in the current literature focus on a single species. While the mathematical difficulty of modelling multiple species may be substantial, it is important to recognise the implications of the single-species assumption to a model’s results. In this paper, the authors address the economic significance of this assumption through the development of an analytical multiple-species model and demonstrate the importance of ecological interrelationships and economic values to the survival of endangered species.

Journal

Ecological Modelling

Volume

170

Issue

2-3

First Page

203

Last Page

211