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    Keywords: Ecosystem management -- Economic aspects. ; Environmental policy -- Economic aspects. ; Environmental economics. ; Electronic books.
    Description / Table of Contents: 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. The growing variety and intensity of ocean and coastal uses increases the call for a more holistic, comprehensive, and coordinated management approach that recognizes the often complex relationships between natural and human systems. For both economist and non-economist audiences, this book describes ways in which economic analysis can be an important tool to inform and improve ecosystem-based management (EBM). Topics include modeling economic impacts, benefit-cost analysis, spatial considerations in EBM, incentives and human behaviors, and accounting for uncertainty in policy analysis. Throughout the book the authors elucidate the different kinds of insights which can be gained from the use of different economic tools. In this rigorous and accessible work, the authors defy the conventional stereotype that economic perspectives necessarily favor the greatest commercial development. Instead, they demonstrate how comprehensive economic analyses consider the full range of potential services offered by marine and coastal ecosystems, including the conservation of biodiversity and creation of recreational opportunities.
    Type of Medium: Online Resource
    Pages: 1 online resource (241 pages)
    Edition: 1st ed.
    ISBN: 9781136526480
    DDC: 333.91/7
    Language: English
    Note: Cover -- Economic Analysis for Ecosystem-Based Management: Applications to Marine and Coastal Environments -- Copyright -- Contents -- Foreword: Economic Models and Complex Ecosystems -- Foreword: The Role of Economics in Ecosystem-Based Management -- Acknowledgments -- About the Authors -- Abbreviations and Acronyms -- Chapter 1 Economics and Ecosystem-Based Management -- Chapter 2 Frameworks for Economic Evaluation -- Chapter 3 Modeling Human Behavior -- Chapter 4 Nonmarket Valuation of Ecosystem Services and Environmental Resources -- Chapter 5 Incorporating Uncertainty into Economic Decision Frameworks -- Chapter 6 Regulatory Methods and Governance -- Chapter 7 Spatially Refined Management and Zoning of the Coastal Marine Ecosystem -- Chapter 8 Integrating Economics into Coastal Policy: Guidelines and Case Studies -- APPENDIX A Four Case Studies from Massachu setts -- Case Study 1: Offshore Wind Farms -- Case Study 2: Offshore Sand and Gravel Mining for Beach Nourishment -- Case Study 3: Impacts of Pollutants in the Coastal Zone -- Case Study 4: Spatial Controls to Address Environmental Impacts of Fishing -- APPENDIX B A Mathematical Example of Quasi-Option Value -- References -- Index.
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