@techreport{Drechsler2007Applying,
abstract = {This paper is concerned with the cost-effective allocation of habitat for endangered species under spatio-temporally heterogeneous economic development. To address the dynamic dimension of the problem we consider tradable development rights (TDR) as the instrument of choice. A particular challenge in applying TDR is that the ecological benefit of an individual habitat patch depends on its spatial relationship with other habitats and thus is an emergent rather than a fixed property. We analyse the spatial and temporal dynamics of habitats in a region under a TDR market that takes spatial interaction of habitats explicitly into account. We show that depending on the levels of spatial interaction and cost heterogeneity, two different outcomes may emerge: an "ordered" structure where habitats are clustered in space and stable over time, and a "disordered" structure where habitats are scattered in space and subject to high turnover of destruction and recreation.},
address = {Leipzig},
author = {Martin Drechsler and Frank W\"{a}tzold},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {Q24; Q28; Q57; 330; ecological-economic model; cost heterogeneity; phase transition; spatial interaction; tradable development rights; Biodiversit\"{a}t; Emissionsrechte; R\"{a}umliche Interaktion; Kosten-Wirksamkeits-Analyse; Theorie},
language = {eng},
number = {1/2007},
publisher = {UFZ},
title = {Applying tradable permits to biodiversity conservation:  effects of space-dependent ecological benefits and cost heterogeneity on habitat allocation},
type = {UFZ-Diskussionspapiere},
url = {http://hdl.handle.net/10419/45213},
year = {2007}
}
