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Natural Resource Economics Commons

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Articles 1 - 4 of 4

Full-Text Articles in Natural Resource Economics

Using Future Benefits To Set Conservation Priorities For Wetlands, Samuel B. Merrill Oct 2015

Using Future Benefits To Set Conservation Priorities For Wetlands, Samuel B. Merrill

Journal of Ocean and Coastal Economics

In an era of rising sea levels, costal land managers including land trust representatives, municipal planners, and others contributing to decisions about whether to develop or protect coastal parcels do not have viable means of evaluating future values on wetlands that will be created when sea levels rise. This project develops and tests a software modeling approach to help address this issue, in combination with a novel, expert-opinion driven benefit-cost framework. The beta test used three parcels in Scarborough, Maine: Hampton Circle, Maine Audubon, and Pine Point. It used a group of experts to 1) allocate initial values to these …


The Evolution Of Non-Market Valuation Of U.S. Coastal And Marine Resources, Douglas Lipton, Dan K. Lew, Kristy Wallmo, Peter Wiley, Anthony Dvarskas Feb 2015

The Evolution Of Non-Market Valuation Of U.S. Coastal And Marine Resources, Douglas Lipton, Dan K. Lew, Kristy Wallmo, Peter Wiley, Anthony Dvarskas

Journal of Ocean and Coastal Economics

At the federal level, particularly within the National Oceanic and Atmospheric Administration (NOAA), regulatory and programmatic needs have driven the continued development and application of non-market valuation approaches to marine and coastal resources. The evolution of these valuation approaches not only entails adopting the recommendations of the 1993 NOAA blue ribbon panel on contingent valuation, but also an expansion of stated preference approaches with increased use of stated preference choice experiments. Revealed preference approaches have also advanced with more sophisticated random utility models. We provide an overview of this evolution in the areas of natural resources damage assessment, protected resources, …


What Have We Learned From The Deepwater Horizon Disaster? An Economist’S Perspective, Daniel R. Petrolia Feb 2015

What Have We Learned From The Deepwater Horizon Disaster? An Economist’S Perspective, Daniel R. Petrolia

Journal of Ocean and Coastal Economics

This paper outlines what we have learned about the impacts of the Deepwater Horizon (DWH) oil disaster from the economics discipline as well as what effect the DWH disaster has had on the economics discipline. It appears that what we know about the economic impact of the DWH spill today is limited, possibly because such analysis is tied up in the federal Natural Resource Damage Assessment (NRDA) process and other state-led efforts. There is evidence, however, that the NRDA process has changed over time to de-emphasize economic valuation of damages. There is also evidence that economists may be producing fewer …


The Impact Of Ecosystem Services Knowledge On Decisions, Stephen Mark Posner Jan 2015

The Impact Of Ecosystem Services Knowledge On Decisions, Stephen Mark Posner

Graduate College Dissertations and Theses

The need to protect diverse biological resources from ongoing development pressures is one of today's most pressing environmental challenges. In response, "ecosystem services" has emerged as a conservation framework that links human economies and natural systems through the benefits that people receive from nature. In this dissertation, I investigate the science-policy interface of ecosystem services in order to understand the use of ecosystem service decision support tools and evaluate the pathways through which ecosystem services knowledge impacts decisions. In the first paper, I track an ecosystem service valuation project in California to evaluate how the project changes the social capacity …