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1.
DARREN M. SOUTHWELL ALEX M. LECHNER† TERRY COATES‡ BRENDAN A. WINTLE§ 《Conservation biology》2008,22(4):1045-1054
Abstract: Whenever population viability analysis (PVA) models are built to help guide decisions about the management of rare and threatened species, an important component of model building is the specification of a habitat model describing how a species is related to landscape or bioclimatic variables. Model-selection uncertainty may arise because there is often a great deal of ambiguity about which habitat model structure best approximates the true underlying biological processes. The standard approach to incorporate habitat models into PVA is to assume the best habitat model is correct, ignoring habitat-model uncertainty and alternative model structures that may lead to quantitatively different conclusions and management recommendations. Here we provide the first detailed examination of the influence of habitat-model uncertainty on the ranking of management scenarios from a PVA model. We evaluated and ranked 6 management scenarios for the endangered southern brown bandicoot ( Isoodon obesulus ) with PVA models, each derived from plausible competing habitat models developed with logistic regression. The ranking of management scenarios was sensitive to the choice of the habitat model used in PVA predictions. Our results demonstrate the need to incorporate methods into PVA that better account for model uncertainty and highlight the sensitivity of PVA to decisions made during model building. We recommend that researchers search for and consider a range of habitat models when undertaking model-based decision making and suggest that routine sensitivity analyses should be expanded to include an analysis of the impact of habitat-model uncertainty and assumptions. 相似文献
2.
Population models for multiple species provide one of the few means of assessing the impact of alternative management options on the persistence of biodiversity, but they are inevitably uncertain. Is it possible to use population models in multiple-species conservation planning given the associated uncertainties? We use information-gap decision theory to explore the impact of parameter uncertainty on the conservation decision when planning for the persistence of multiple species. An information-gap approach seeks robust outcomes that are most immune from error. We assess the impact of uncertainty in key model parameters for three species, whose extinction risks under four alternative management scenarios are estimated using a metapopulation model. Three methods are described for making conservation decisions across the species, taking into account uncertainty. We find that decisions based on single species are relatively robust to uncertainty in parameters, although the estimates of extinction risk increase rapidly with uncertainty. When identifying the best conservation decision for the persistence of all species, the methods that rely on the rankings of the management options by each species result in decisions that are similarly robust to uncertainty. Methods that depend on absolute values of extinction risk are sensitive to uncertainty, as small changes in extinction risk can alter the ranking of the alternative scenarios. We discover that it is possible to make robust conservation decisions even when the uncertainties of the multiple-species problem appear overwhelming. However, the decision most robust to uncertainty is likely to differ from the best decision when uncertainty is ignored, illustrating the importance of incorporating uncertainty into the decision-making process. 相似文献
3.
Barbara L. Taylor § Paul R. Wade † Douglas P. De Master ‡ and Jay Barlow 《Conservation biology》2000,14(5):1243-1252
Abstract: Good management models and good models for understanding biology differ in basic philosophy. Management models must facilitate management decisions despite large amounts of uncertainty about the managed populations. Such models must be based on parameters that can be estimated readily, must explicitly account for uncertainty, and should be simple to understand and implement. In contrast, biological models are designed to elucidate the workings of biology and should not be constrained by management concerns. We illustrate the need to incorporate uncertainty in management models by reviewing the inadequacy of using standard biological models to manage marine mammals in the United States. Past management was based on a simple model that, although it may have represented population dynamics adequately, failed as a management tool because the parameter that triggered management action was extremely difficult to estimate for the majority of populations. Uncertainty in parameter estimation resulted in few conservation actions. We describe a recently adopted management scheme that incorporates uncertainty and its resulting implementation. The approach used in this simple management scheme, which was tested by using simulation models, incorporates uncertainty and mandates monitoring abundance and human-caused mortality. Although the entire scheme may be suitable for application to some terrestrial and marine problems, two features are broadly applicable: the incorporation of uncertainty through simulations of management and the use of quantitative management criteria to translate verbal objectives into levels of acceptable risk. 相似文献
4.
YACOV SALOMON MICHAEL A. McCARTHY PETER TAYLOR BRENDAN A. WINTLE 《Conservation biology》2013,27(1):134-144
The importance of accounting for economic costs when making environmental‐management decisions subject to resource constraints has been increasingly recognized in recent years. In contrast, uncertainty associated with such costs has often been ignored. We developed a method, on the basis of economic theory, that accounts for the uncertainty in population‐management decisions. We considered the case where, rather than taking fixed values, model parameters are random variables that represent the situation when parameters are not precisely known. Hence, the outcome is not precisely known either. Instead of maximizing the expected outcome, we maximized the probability of obtaining an outcome above a threshold of acceptability. We derived explicit analytical expressions for the optimal allocation and its associated probability, as a function of the threshold of acceptability, where the model parameters were distributed according to normal and uniform distributions. To illustrate our approach we revisited a previous study that incorporated cost‐efficiency analyses in management decisions that were based on perturbation analyses of matrix population models. Incorporating derivations from this study into our framework, we extended the model to address potential uncertainties. We then applied these results to 2 case studies: management of a Koala (Phascolarctos cinereus) population and conservation of an olive ridley sea turtle (Lepidochelys olivacea) population. For low aspirations, that is, when the threshold of acceptability is relatively low, the optimal strategy was obtained by diversifying the allocation of funds. Conversely, for high aspirations, the budget was directed toward management actions with the highest potential effect on the population. The exact optimal allocation was sensitive to the choice of uncertainty model. Our results highlight the importance of accounting for uncertainty when making decisions and suggest that more effort should be placed on understanding the distributional characteristics of such uncertainty. Our approach provides a tool to improve decision making. 相似文献
5.
Developing Classification Criteria under the U.S. Endangered Species Act: Bowhead Whales as a Case Study 总被引:1,自引:0,他引:1
Kim E. W. Shelden ‡ Douglas P. Demaster David J. Rugh Annette M. Olson† 《Conservation biology》2001,15(5):1300-1307
Abstract: Under the U.S. Endangered Species Act, a species is classified as endangered, threatened, or recovered based on the extent to which its survival is affected by one or more of five subjective factors. A key criticism of the act is that it makes no reference to quantitative or even qualitative parameters of what constitutes "danger of extinction." Without objective standards to guide decisionmakers, classification decisions fall prey to political and social influences. We recommend the development of species-specific, status-determining criteria as a means to rationalize and expedite the listing process and reclassification decisions, independent of the requirement for delisting criteria in recovery plans. Such criteria should (1) clearly define levels of vulnerability, (2) identify gaps in information on life-history parameters, and (3) address uncertainty in existing data. As a case study, we developed preliminary criteria for bowhead whales ( Balaena mysticetus ). Thresholds for endangered and threatened status were based on World Conservation Union ( IUCN) Red List criteria and population viability analyses. Our analysis indicates that particular attention must be focused on population structure within the species to appropriately classify the degree to which one or more components of a species are vulnerable to extinction. A similar approach could be used in the classification of other species. According to our application of the IUCN criteria and those developed for similar species by Gerber and DeMaster (1999) , the Bering Sea population of bowhead whales should be delisted, whereas the other four populations of bowheads should continue to be considered endangered. 相似文献
6.
The management of endangered species under climate change is a challenging and often controversial task that incorporates input from a variety of different environmental, economic, social, and political interests. Yet many listing and recovery decisions for endangered species unfold on an ad hoc basis without reference to decision‐aiding approaches that can improve the quality of management choices. Unlike many treatments of this issue, which consider endangered species management a science‐based problem, we suggest that a clear decision‐making process is equally necessary. In the face of new threats due to climate change, managers’ choices about endangered species require closely linked analyses and deliberations that identify key objectives and develop measurable attributes, generate and compare management alternatives, estimate expected consequences and key sources of uncertainty, and clarify trade‐offs across different dimensions of value. Several recent cases of endangered species conservation decisions illustrate our proposed decision‐focused approach, including Gulf of Maine Atlantic salmon (Salmo salar) recovery framework development, Cultus Lake sockeye salmon (Oncorhynchus nerka) management, and Upper Columbia River white sturgeon (Acipenser transmontanus) recovery planning. Estructuración de Decisiones para Manejar Especies Amenazadas y en Peligro en un Clima Cambiante 相似文献
7.
TONY PRATO 《Conservation biology》2005,19(3):806-814
Abstract: Uncertainty gives rise to two decision errors in implementing the U.S. Endangered Species Act: listing species that are not in danger of extinction and delisting species that are in danger of extinction. I evaluated four methods (minimum standard, precautionary principle, minimax regret criterion, adaptive management) for deciding whether to list or delist a species when there is uncertainty about how those decisions are likely to influence survival of the species. A safe minimum standard criterion preserves some minimum amount or safe standard (population) of a species unless maintaining that amount generates unacceptable social cost. The precautionary principle favors not delisting a species when there is insufficient evidence on the efficacy of state management plans for protecting them. A minimax regret criterion selects the delisting decision that minimizes the maximum loss likely to occur under alternative ecosystem states. When the cost of making a correct decision is less than the cost of making an incorrect decision, the minimax regret criteria indicates that delisting is the optimal decision. Active adaptive management employs statistically valid experiments to test hypotheses about the likely impacts of delisting decisions. Safe minimum standard and minimax regret criterion are not compatible with the U.S. Endangered Species Act. The precautionary principle comes closest to describing how federal agencies make delisting decisions. Active adaptive management is scientifically superior to the other methods but is costly and time consuming and may not be compatible with the U.S. National Environmental Policy Act. 相似文献
8.
Stefano Canessa Sarah J. Converse Matt West Nick Clemann Graeme Gillespie Michael McFadden Aimee J. Silla Kirsten M. Parris Michael A. McCarthy 《Conservation biology》2016,30(3):599-609
Ex situ conservation strategies for threatened species often require long‐term commitment and financial investment to achieve management objectives. We present a framework that considers the decision to adopt ex situ management for a target species as the end point of several linked decisions. We used a decision tree to intuitively represent the logical sequence of decision making. The first decision is to identify the specific management actions most likely to achieve the fundamental objectives of the recovery plan, with or without the use of ex‐situ populations. Once this decision has been made, one decides whether to establish an ex situ population, accounting for the probability of success in the initial phase of the recovery plan, for example, the probability of successful breeding in captivity. Approaching these decisions in the reverse order (attempting to establish an ex situ population before its purpose is clearly defined) can lead to a poor allocation of resources, because it may restrict the range of available decisions in the second stage. We applied our decision framework to the recovery program for the threatened spotted tree frog (Litoria spenceri) of southeastern Australia. Across a range of possible management actions, only those including ex situ management were expected to provide >50% probability of the species’ persistence, but these actions cost more than use of in situ alternatives only. The expected benefits of ex situ actions were predicted to be offset by additional uncertainty and stochasticity associated with establishing and maintaining ex situ populations. Naïvely implementing ex situ conservation strategies can lead to inefficient management. Our framework may help managers explicitly evaluate objectives, management options, and the probability of success prior to establishing a captive colony of any given species. 相似文献
9.
Risk-Based Viable Population Monitoring 总被引:3,自引:0,他引:3
Abstract: We describe risk-based viable population monitoring, in which the monitoring indicator is a yearly prediction of the probability that, within a given timeframe, the population abundance will decline below a prespecified level. Common abundance-based monitoring strategies usually have low power to detect declines in threatened and endangered species and are largely reactive to declines. Comparisons of the population's estimated risk of decline over time will help determine status in a more defensible manner than current monitoring methods. Monitoring risk is a more proactive approach; critical changes in the population's status are more likely to be demonstrated before a devastating decline than with abundance-based monitoring methods. In this framework, recovery is defined not as a single evaluation of long-term viability but as maintaining low risk of decline for the next several generations. Effects of errors in risk prediction techniques are mitigated through shorter prediction intervals, setting threshold abundances near current abundance, and explicitly incorporating uncertainty in risk estimates. Viable population monitoring also intrinsically adjusts monitoring effort relative to the population's true status and exhibits considerable robustness to model misspecification. We present simulations showing that risk predictions made with a simple exponential growth model can be effective monitoring indicators for population dynamics ranging from random walk to density dependence with stable, decreasing, or increasing equilibrium. In analyses of time-series data for five species, risk-based monitoring warned of future declines and demonstrated secure status more effectively than statistical tests for trend. 相似文献
10.
With the depletion of many natural resources, we are growing aware of the need to understand the risks that stem from different management decisions. Here, we outline an approach to test the ability of different dynamical signatures to characterize time-series data: how likely is it that a natural population is declining, sustainable, or increasing, and at what rates are these temporal changes likely occurring? These dynamical signatures can serve as a robust foundation on which to formulate alternative scenarios in a decision analysis. They take account of much of the uncertainty in model parameters and have precise mathematical underpinnings with associated risks. We present methods to evaluate the likelihood of these scenarios, and ways that the analysis can be graphically represented. We discuss different ecological factors such as climate variability, life history, ecosystem interactions, and a changing population age structure, all of which impact the dynamics of natural populations. Considering the types of dynamical signatures that emerge from these factors can change our understanding of risk and the decisions that we make. 相似文献
11.
Current Trends in Plant and Animal Population Monitoring 总被引:3,自引:0,他引:3
Abstract: Animal and plant population monitoring programs are critical for identifying species at risk, evaluating the effects of management or harvest, and tracking invasive and pest species. Nevertheless, monitoring activities are highly decentralized, which makes it difficult for researchers or conservation planners to get a good general picture of what real-world monitoring programs actually entail. We used a Web-based survey to collect information on population monitoring programs. The survey focused on basic questions about each program, including motivations for monitoring, types of data being collected, spatiotemporal design of the program, and reasons for choosing that design. We received responses from 311 people involved in monitoring of various species and used these responses to summarize ongoing monitoring efforts. We also used responses to determine whether monitoring strategies have changed over time and whether they differed among monitoring agencies. Most commonly, monitoring entailed collection of count data at multiple sites with the primary goal of detecting trends. But we also found that goals and strategies for monitoring appeared to be diversifying, that area-occupied and presence–absence approaches appeared to be gaining in popularity, and that several other promising approaches (monitoring to reduce parameter uncertainty, risk-based monitoring, and directly linking monitoring data to management decisions) have yet to become widely established. We suggest that improved communication between researchers studying monitoring designs and those who are charged with putting these designs into practice could further improve monitoring programs and better match sampling designs to the objectives of monitoring programs. 相似文献
12.
EVAN H. CAMPBELL GRANT ELISE F. ZIPKIN JAMES D. NICHOLS J. PATRICK CAMPBELL 《Conservation biology》2013,27(6):1245-1253
Although many taxa have declined globally, conservation actions are inherently local. Ecosystems degrade even in protected areas, and maintaining natural systems in a desired condition may require active management. Implementing management decisions under uncertainty requires a logical and transparent process to identify objectives, develop management actions, formulate system models to link actions with objectives, monitor to reduce uncertainty and identify system state (i.e., resource condition), and determine an optimal management strategy. We applied one such structured decision‐making approach that incorporates these critical elements to inform management of amphibian populations in a protected area managed by the U.S. National Park Service. Climate change is expected to affect amphibian occupancy of wetlands and to increase uncertainty in management decision making. We used the tools of structured decision making to identify short‐term management solutions that incorporate our current understanding of the effect of climate change on amphibians, emphasizing how management can be undertaken even with incomplete information. Estrategia para Monitorear y Manejar Disminuciones en una Comunidad de Anfibios 相似文献
13.
State variables in many renewable resource management problems, such as the abundance of a fish stock, are imperfectly observed over time. In systems characterized by state uncertainty, decision makers often invest in monitoring to learn about the level of a stock. We develop a stochastic bioeconomic model of marine invasive species management under state uncertainty. The decision maker in our model simultaneously evaluates optimal investment in monitoring and population control. Using a recently-devised method for solving continuous-state Partially Observable Markov Decision Processes (POMDPs), we find that the ability to learn through monitoring can alter the role of population control in the optimal policy function, for example by reducing control intensity in favor of monitoring. Optimal monitoring depends on the management context, including in our application lionfish population structure. The rich transient dynamics of our model depend critically on the relationship between the initial conditions for information and invader abundance. 相似文献
14.
Risk Analysis of Hunting of Seal Populations in the Baltic 总被引:1,自引:0,他引:1
Vulnerabilities of grey seal ( Halichoerus grypus) and ringed seal ( Phoca hispida) populations in the Baltic Sea were evaluated for potential opening of the populations for hunting. We used ecological risk analysis to assess the effects of environmental and demographic stochasticity and uncertain and partly missing population data on the modeled outcomes. The impact of different harvesting strategies on the long-term sustainability of seal populations was analyzed with four different models with increasing complexity and population detail. It appears the simpler the population model used, the more overconfident results it gave with regard to the hunting policy to be adopted. Therefore, it proves risky in population management decisions to rely on simplistic calculations based on growth rate and estimated population size alone. This is even more so if the population estimates have a wide error margin. Due to an unknown, but presumably positive number of seal kills in the Baltic at present, the sustainable harvest is likely to be close to zero for both seal species. Our risk analysis strongly suggests refraining from Baltic seal hunting now, with their current population sizes, and in the future if the development of population numbers cannot be assessed accurately enough. 相似文献
15.
《Ecological modelling》2007,201(1):67-74
Translocation is a useful management option for conservation of threatened animal species. It can be used to increase the range of a species, augment the numbers in a critical population, or establish new populations and hence spread the risk of extinction through local catastrophes. As it is an important and expensive conservation tool, translocation management decisions must be carefully considered, with the objective of the translocation project in mind. By analysing the translocation problem within a decision-theory framework, we find optimal management decisions that are rational and transparent. We illustrate our approach using a case study of the bridled nailtail wallaby (Onychogalea fraenata). Our particular translocation question is: if we have a set number of wallabies to translocate in each time period and two translocation sites, how many wallabies should we put at each site given the state of each population to maximise the benefit to the species? We model the translocated populations with first-order Markov chain stochastic population models, and use stochastic dynamic programming to determine the optimal management decisions. We look at two sites with different growth rates – one increasing and one decreasing – and compare the optimal strategies for two different objective functions. The first is a long-term persistence objective function, which maximises the persistence of translocated populations a large number of time steps after the end of the translocation program. The second maximises total population size at the end of the translocation program. Although these objective functions are similar, they generate surprisingly different optimal translocation strategies. When maximising the long-term persistence of the translocated populations, translocation decisions are not important as long as an increasing population is established. This indicates that site quality – rather than the number and timing of translocations – primarily determines the long-term persistence of populations. When maximising total population size, the optimal strategy is to add to the increasing population unless it is above a size where it is likely to reach its carrying capacity over the planning timeframe. As translocation decisions are important in fulfilling the objective, this objective function is more useful in creating practical advice for translocation managers. The discrepancy between the optimal strategies given by the two objectives demonstrates the importance of careful consideration when specifying the goals of a project. This observation applies not only to translocation programs, but any project where clear decision-making is needed. 相似文献
16.
Monitoring,imperfect detection,and risk optimization of a Tasmanian devil insurance population
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Tracy M. Rout Christopher M. Baker Stewart Huxtable Brendan A. Wintle 《Conservation biology》2018,32(2):267-275
Most species are imperfectly detected during biological surveys, which creates uncertainty around their abundance or presence at a given location. Decision makers managing threatened or pest species are regularly faced with this uncertainty. Wildlife diseases can drive species to extinction; thus, managing species with disease is an important part of conservation. Devil facial tumor disease (DFTD) is one such disease that led to the listing of the Tasmanian devil (Sarcophilus harrisii) as endangered. Managers aim to maintain devils in the wild by establishing disease‐free insurance populations at isolated sites. Often a resident DFTD‐affected population must first be removed. In a successful collaboration between decision scientists and wildlife managers, we used an accessible population model to inform monitoring decisions and facilitate the establishment of an insurance population of devils on Forestier Peninsula. We used a Bayesian catch‐effort model to estimate population size of a diseased population from removal and camera trap data. We also analyzed the costs and benefits of declaring the area disease‐free prior to reintroduction and establishment of a healthy insurance population. After the monitoring session in May–June 2015, the probability that all devils had been successfully removed was close to 1, even when we accounted for a possible introduction of a devil to the site. Given this high probability and the baseline cost of declaring population absence prematurely, we found it was not cost‐effective to carry out any additional monitoring before introducing the insurance population. Considering these results within the broader context of Tasmanian devil management, managers ultimately decided to implement an additional monitoring session before the introduction. This was a conservative decision that accounted for uncertainty in model estimates and for the broader nonmonetary costs of mistakenly declaring the area disease‐free. 相似文献
17.
Alexander Heeren Gabriel Karns Jeremy Bruskotter Eric Toman Robyn Wilson Harmony Szarek 《Conservation biology》2017,31(3):657-665
Decisions concerning the appropriate listing status of species under the U.S. Endangered Species Act (ESA) can be controversial even among conservationists. These decisions may determine whether a species persists in the near term and have long‐lasting social and political ramifications. Given the ESA's mandate that such decisions be based on the best available science, it is important to examine what factors contribute to experts’ judgments concerning the listing of species. We examined how a variety of factors (such as risk perception, value orientations, and norms) influenced experts’ judgments concerning the appropriate listing status of the grizzly bear (Ursus arctos horribilis) population in the Greater Yellowstone Ecosystem. Experts were invited to complete an online survey examining their perceptions of the threats grizzly bears face and their listing recommendation. Although experts’ assessments of the threats to this species were strongly correlated with their recommendations for listing status, this relationship did not exist when other cognitive factors were included in the model. Specifically, values related to human use of wildlife and norms (i.e., a respondent's expectation of peers’ assessments) were most influential in listing status recommendations. These results suggest that experts’ decisions about listing, like all human decisions, are subject to the use of heuristics (i.e., decision shortcuts). An understanding of how heuristics and related biases affect decisions under uncertainty can help inform decision making about threatened and endangered species and may be useful in designing effective processes for protection of imperiled species. 相似文献
18.
A Method for Setting the Size of Plant Conservation Target Areas 总被引:3,自引:0,他引:3
Mark A. Burgman Hugh P. Possingham † A. Jasmyn J. Lynch ‡ David A. Keith § Michael A. McCarthy Stephen D. Hopper †† Wendy L. Drury ‡‡ Jason A. Passioura ‡ Robert J. Devries§§ 《Conservation biology》2001,15(3):603-616
Abstract: Realistic time frames in which management decisions are made often preclude the completion of the detailed analyses necessary for conservation planning. Under these circumstances, efficient alternatives may assist in approximating the results of more thorough studies that require extensive resources and time. We outline a set of concepts and formulas that may be used in lieu of detailed population viability analyses and habitat modeling exercises to estimate the protected areas required to provide desirable conservation outcomes for a suite of threatened plant species. We used expert judgment of parameters and assessment of a population size that results in a specified quasiextinction risk based on simple dynamic models. The area required to support a population of this size is adjusted to take into account deterministic and stochastic human influences, including small-scale disturbance, deterministic trends such as habitat loss, and changes in population density through processes such as predation and competition. We set targets for different disturbance regimes and geographic regions. We applied our methods to Banksia cuneata, Boronia keysii, and Parsonsia dorrigoensis, resulting in target areas for conservation of 1102, 733, and 1084 ha, respectively. These results provide guidance on target areas and priorities for conservation strategies. 相似文献
19.
The Reliability of Using Population Viability Analysis for Risk Classification of Species 总被引:5,自引:0,他引:5
Barbara L. Taylor 《Conservation biology》1995,9(3):551-558
I examine whether or not it is appropriate to use extinction probabilities generated by population viability analyses, based on best estimates for model parameters, as criteria for listing species in Red Data Book categories as recently proposed by the World Conservation Union. Such extinction probabilities are influenced by how accurately model parameters are estimated and by how accurately the models depict actual population dynamics. I evaluate the effect of uncertainty in parameter estimation through simulations. Simulations based on Steller sea lions were used to evaluate bias and precision in estimates of probability of extinction and to consider the performance of two proposed classification schemes. Extinction time estimates were biased (because of violation of the assumption of stable age distribution) and underestimated the variability of probability of extinction for a given time (primarily because of uncertainty in parameter estimation). Bias and precision in extinction probabilities are important when these probabilities are used to compare the risk of extinction between species. Suggestions are given for population viability analysis techniques that incorporate parameter uncertainty. I conclude that testing classification schemes with simulations using quantitative performance objectives should precede adoption of quantitative listing criteria. 相似文献
20.
Ayesha I.T. Tulloch Richard F. Maloney Liana N. Joseph Joseph R. Bennett Martina M.I. Di Fonzo William J.M. Probert Shaun M. O'Connor Jodie P. Densem Hugh P. Possingham 《Conservation biology》2015,29(2):513-524
Conservation outcomes are uncertain. Agencies making decisions about what threat mitigation actions to take to save which species frequently face the dilemma of whether to invest in actions with high probability of success and guaranteed benefits or to choose projects with a greater risk of failure that might provide higher benefits if they succeed. The answer to this dilemma lies in the decision maker's aversion to risk—their unwillingness to accept uncertain outcomes. Little guidance exists on how risk preferences affect conservation investment priorities. Using a prioritization approach based on cost effectiveness, we compared 2 approaches: a conservative probability threshold approach that excludes investment in projects with a risk of management failure greater than a fixed level, and a variance‐discounting heuristic used in economics that explicitly accounts for risk tolerance and the probabilities of management success and failure. We applied both approaches to prioritizing projects for 700 of New Zealand's threatened species across 8303 management actions. Both decision makers’ risk tolerance and our choice of approach to dealing with risk preferences drove the prioritization solution (i.e., the species selected for management). Use of a probability threshold minimized uncertainty, but more expensive projects were selected than with variance discounting, which maximized expected benefits by selecting the management of species with higher extinction risk and higher conservation value. Explicitly incorporating risk preferences within the decision making process reduced the number of species expected to be safe from extinction because lower risk tolerance resulted in more species being excluded from management, but the approach allowed decision makers to choose a level of acceptable risk that fit with their ability to accommodate failure. We argue for transparency in risk tolerance and recommend that decision makers accept risk in an adaptive management framework to maximize benefits and avoid potential extinctions due to inefficient allocation of limited resources. El Efecto de la Aversión de Riesgo sobre la Priorización de Proyectos de Conservación 相似文献