Economics and Ecological Risk Assessment

Randall J. F. Bruins, Matthew T. Heberling

• Introduction. Background, Concepts, and Methods. Watershed Planning and Management in the United States. Introduction to Ecological Risk Assessment in Watersheds. A Framework for Risk Analysis for Ecological Restoration Projects in the U.S. Army Corps of Engineers. Appendix 4-A: Example Application of Risk Analysis for a USACE Ecological Restoration Project. Introduction to Economic Analysis in Watersheds. Appendix 5-A: Discussion of Stated Preference Methods Used in Three Case Studies. Ecological and Economic Analysis for Water Quality Standards. Appendix 6-A: Using Multimedia Indices to Define the Integrity of Stream Biological Assemblages and Instream Habitat. Decision-Making and Uncertainty in Ambient Water Quality Management. Scaling Environmental Restoration and Habitat Equivalency Analysis. A Conceptual Approach for Integrated Watershed Management. Appendix 9-A: Discussion of Existing Frameworks that Have Been Applied To Watershed Management. Appendix 9-B: Sociocultural Assessment Methods. Applications. Evaluating Development Alternatives for a High-quality Stream Threatened by Urbanization: Big Darby Creek Watershed. Weighing Biodiversity and Sectoral Development Values in a Rural Valley: Clinch and Powell River Watershed. Appendix 11-A: Random Utility Model. Appendix 11-B: Excerpt from Survey Administered by the University of Tennessee: Explanation of Hypothetical Agricultural Policies and their Potential Impacts. Seeking Solutions for an Interstate Conflict over Water and Endangered Species: Platte River Watershed. Appendix 12-A: Summary of Survey Response Information Used to Calculate Utility of Environmental Management Policy Options for the Central Platte River Floodplain. An Integrated Ecological-Economic Model for Scenario Analysis: Anticipating Change in the Hudson River Watershed. Determining Tradeoffs among Ecological Services: Planning for Ecological Restoration in the Lower Fox River and Green Bay. The Habitat-Based Replacement Cost Method: Building on the Habitat Equivalency Method to Inform Regulatory or Permit Decisions under the Clean Water Act. Conclusions.

"Ecologists would do well to read this book, examine its case studies, and seriously consider their implications for ecological research and assessment."-- Glenn Suter, U.S. Environmental Protection Agency"…This volume, uniquely in my experience, brings together a conceptual framework for combining economic valuation and ecological risk assessment…provides some context for the whole effort within the institutional realities of American environmental management agencies."-- Alan Randall, Department of Agriculture, Environment, and Development Economics, The Ohio State University