@article{Polyakov:59152,
      recid = {59152},
      author = {Polyakov, Maksym and Pannell, David J. and Rowles, Alexei  and Park, Geoff and Roberts, Anna M.},
      title = {Prioritising investment to enhance biodiversity in an  agricultural landscape},
      address = {2010},
      number = {421-2016-26752},
      pages = {13},
      year = {2010},
      abstract = {The removal, alteration and fragmentation of habitat are  key threats to the biodiversity of
terrestrial ecosystems.  Investment to protect biodiversity assets (e.g. restoration  of native
vegetation) in dominantly agricultural landscapes  usually results in a loss of agricultural
production. This  can be a significant cost that is often overlooked or  poorly addressed in
analyses to prioritise such  investments. Accounting for this trade-off is important for  more
successful, realistically feasible and cost-effective  biodiversity conservation. We developed a
spatially  explicit bio-economic optimisation model that simulates the  effect of conservation
effort on the diversity of  woodland-dependent birds in the Avoca catchment (330  thousand
ha) in North-Central Victoria. The model minimises  opportunity cost of agricultural
production and cost of  biodiversity conservation effort on a catchment level  subject to
achieving different levels of biodiversity  outcome. We identify the locations and spatial
arrangement  of conservation efforts that offers the best value for  money.},
      url = {http://ageconsearch.umn.edu/record/59152},
      doi = {https://doi.org/10.22004/ag.econ.59152},
}