How much is too much? Individual biodiversity conservation.

Peer Reviewed
1 January 2019

The individual farmer in a developing country has little incentive to care about the public good properties of on-farm biodiversity in the form of different crop varieties. There is a common assumption that, because of this, farmers will tend to maintain too little biodiversity on their farms. However, this does not fit well with the empirical data: because of poorly functioning insurance markets, farmers tend to maintain a wide range of different crop varieties in practice in order to hedge against weather shocks and other uncertainty. This paper  develops a theoretical model to account for this, and show that farmers may in fact even maintain too much biodiversity on the individual farm, compared to the social optimum. 


Request a publication

Due to Copyright we cannot publish this article but you are very welcome to request a copy from the author. Please just fill in the information beneath.

Authors I want to contact
Publication | 12 February 2019