• DocumentCode
    2434422
  • Title

    Applying portfolio theory to the valuation of forest biodiversity

  • Author

    Qu Yanmei ; Tian Guoshuang

  • Author_Institution
    Sch. of Econ. & Manage., Heilongjiang Inst. of Technol., Harbin, China
  • fYear
    2011
  • fDate
    8-11 Jan. 2011
  • Firstpage
    1282
  • Lastpage
    1285
  • Abstract
    Research on the similarity between securities portfolio diversity and forest biodiversity and the return-risk problem of forest biodiversity is preliminarily recognized. This article first comments on Markowitz´s portfolio theory, then analyzes the feasibility to introduce this theory to value measurement of forest biodiversity assets, and explores how to make use of this theory to price forest biodiversity, which is to provide a new thought to measure the value of forest biodiversity assets.
  • Keywords
    pricing; Markowitz portfolio theory; applying portfolio theory; forest biodiversity valuation; price forest biodiversity; return-risk problem; Biodiversity; Biological system modeling; Economics; Ecosystems; Investments; Portfolios; Pricing; forest biodiversity; portfolio; rate of return on investment; value measurement;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Industrial Engineering (MSIE), 2011 International Conference on
  • Conference_Location
    Harbin
  • Print_ISBN
    978-1-4244-8383-9
  • Type

    conf

  • DOI
    10.1109/MSIE.2011.5707656
  • Filename
    5707656