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Full-Text Articles in Physical Sciences and Mathematics

Ecosystem Services: The Economics Debate, Joshua Farley Jul 2012

Ecosystem Services: The Economics Debate, Joshua Farley

College of Agriculture and Life Sciences Faculty Publications

The goal of this paper is to illuminate the debate concerning the economics of ecosystem services. The sustainability debate focuses on whether or not ecosystem services are essential for human welfare and the existence of ecological thresholds. If ecosystem services are essential, then marginal analysis and monetary valuation are inappropriate tools in the vicinity of thresholds. The justice debate focuses on who is entitled to ecosystem services and the ecosystem structure that generates them. Answers to these questions have profound implications for the choice of suitable economic institutions. The efficiency debate concerns both the goals of economic activity and the …


Nantucket Shellfish Management Plan, Kristin Uiterwyk, Steve Bliven, Dan Leavitt, Jack Wiggin, Urban Harbors Institute, University Of Massachusetts Boston Apr 2012

Nantucket Shellfish Management Plan, Kristin Uiterwyk, Steve Bliven, Dan Leavitt, Jack Wiggin, Urban Harbors Institute, University Of Massachusetts Boston

Office of Community Partnerships Posters

Nantucket’s shellfish resources are an important part of the Island’s history, culture, and economy. Nantucket waters support one of the country’s last wild-caught bay scallop fisheries. Elsewhere along the Atlantic coast, fishing pressure, habitat loss, and disease have severely depleted bay scallop populations. Although Nantucketers continue to make a living harvesting shellfish from the Island’s waters, many do so with concern for the future of the resources and the habitats that support them. Urban Harbors Institute (UHI) provided technical assistance to the community to develop a Shellfish Management Plan (SMP) that addresses issues of water quality, habitat loss, climate change, …