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JOURNAL OF APPLIED BUSINESS AND ECONOMICS
A Biodiversity Indicator for Economic Analysis
Author(s): Yvonne Chen
Citation: Yvonne Chen, (2011) "A Biodiversity Indicator for Economic Analysis," Journal of Applied Business and Economics, Vol. 12, Iss. 2, pp.11 - 17
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This research models a measurement that could serve as a biodiversity indicator for use in
interdisciplinary study. The indicator relies on the phylogenic variations to benchmark biodiversity, since
the functional differences of species are coherent with the phylogenic variations. Furthermore, the
intrinsic and economic value of biodiversity originates from the dynamic functional roles that species
exhibit. To conceptualize these observations, the author adopts Linnaean taxonomy—with its focus on
phylogenic attributes when grouping organisms— as the methodology to construct the index and quantify
its value. Finally, the article discusses the use of this index in modeling optimization problems and
conservation priorities.
