Economic Analysis for Ecosystem-Based Management: Applications to Marine and Coastal Environments Book

Foreword: Economic Models and Complex Ecosystems Jon G. Sutinen vii

Foreword: The Role of Economics in Ecosystem-Based Management Stephanie Moura ix

Acknowledgments xi

About the Authors xiii

Abbreviations and Acronyms xiv

1 Economics and Ecosystem-Based Management 1

2 Frameworks for Economic Evaluation 10

3 Modeling Human Behavior 51

4 Nonmarket Valuation of Ecosystem Services and Environmental Resources 73

5 Incorporating Uncertainty into Economic Decision Frameworks 110

6 Regulatory Methods and Governance 132

7 Spatially Refined Management and Zoning of the Coastal Marine Ecosystem 141

8 Integrating Economics into Coastal Policy: Guidelines and Case Studies 153

Appendix A Four Case Studies from Massachusetts 165

1 Offshore Wind Farms 165

2 Offshore Sand and Gravel Mining for Beach Nourishment 180

3 Impacts of Pollutants in the Coastal Zone 189

4 Spatial Controls to Address Environmental Impacts of Fishing 196

Appendix B A Mathematical Example of Quasi-Option Value 205

References 207

Index 225