What Environmental Economists Think Every Conservation Biologist Should Know: Reply to Gowdy Et Al.
Conservation Biology, Vol. 25, No. 3, pp. 628-630, 2011
3 Pages Posted: 20 Jul 2011
Date Written: September 17, 2010
Abstract
We believe that Gowdy et al. (2010), in their recent essay in Conservation Biology, do a disservice to the cause of increased understanding between economists and conservation professionals. They give the impression that economists and the economic theory and models they use are much more naive of the shortcomings of market outcomes than they actually are. The end result is that the reader is lead to believe that economic theory is useless and should be abandoned altogether or at least until economists “discard the current core economic model.”
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