Risk aversion is common in conservation – managers want to be sure they are spending their conservation dollars wisely. However, this can be constraining, as some risky conservation projects can have high payoffs. In our new paper (led by Ayesha Tulloch – ayeshatulloch.wordpress.com), we show that flexibility in risk tolerance can lead to more efficient conservation outcomes, and, ultimately, more species saved from extinction.
New paper – Tulloch et al. – risk aversion in conservation