Ocean and coastal management regimes are increasingly subject to competing demands from stakeholders. Regulations must not only address fishing, recreation, and shipping, but also sand and gravel mining, gas pipelines, harbor/port development, offshore wind and tidal energy facilities, liquefied natural gas terminals, offshore aquaculture, and desalinization plants. This book describes ways in which economic analysis can be an important tool to inform and improve ecosystem-based management (EBM).
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
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.
'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