Economic Analysis for Ecosystem-Based Management

Daniel S. Holland is a research scientist at the Gulf of Maine Research Institute, and a former senior economist at the New Zealand Seafood Industry Council.James N. Sanchirico is a professor of environmental science and policy at the University of California at Davis and a former senior fellow at Resources for the Future.Robert J. Johnston is director of the George Perkins Marsh Institute and a professor of economics at Clark University.Deepak Joglekar is an Assistant Professor in Residence at the Department of Agricultural and Resource Economics at the University of Connecticut.

• Foreword Preface 1. Economics and Ecosystem-Based Management 2. Frameworks for Economic Evaluation 3. Modeling Human Behavior and Interaction with the Coastal Marine Ecosystem 4. Non-market Valuation of Ecosystem Services and Environmental Resources 5. Incorporating Uncertainty into Economic Decision Frameworks 6. Regulatory Methods and Governance 7. Spatially Refined Management and Zoning of the Coastal Marine Ecosystem 8. Economic Analyses for Coastal Policy: Guidelines and Case Studies Appendix A: Four Case Studies from Massachusetts 1. Offshore Wind Farms 2. Offshore Sand and Gravel Mining for Beach Nourishment 3. Impacts of Pollutants in the Coastal Zone 4. Spatial Controls to Address Fishery Conflicts Appendix B: A Mathematical Example of Quasi-Option Value References

'An important and original resource on ecosystem-based management. This book brings complex concepts to a broad audience in a way that will allow them to use the tools of economics appropriately and effectively.' Douglas Lipton, University of Maryland'If Benjamin Franklin was correct in his assertion thatDiligence is the mother of good luck then the authors have created a book that is destined to be a must-read for those who will be involved in the public discussions that are certain to follow the April 2010 sinking of Deepwater Horizon and the ensuing oil spill in the Gulf of Mexico' Richard F. Kazmierczak, Louisiana State University Agricultural Centre, Journal of Natural Resources Policy Research, October 2010. 'This is an ambitious, and mostly successful, attempt to convey complex economic ideas and models to the reader in a way that is professionally useful without requiring a foray into old calculus or economic textbooks from distant college days.' Richard F. Kazmierczak, Louisiana State University Agricultural Centre, Journal of Natural Resources Policy Research, October 2010. 'this book is the ideal read' Richard F. Kazmierczak, Louisiana State University Agricultural Centre, Journal of Natural Resources Policy Research, October 2010. 'This book is one of the most reader friendly economics texts referring to economics and ecosystem management that I have read.' Eagle Bulletin, December 2010