International Review of Environmental and Resource Economics > Vol 6 > Issue 1

Perspectives on Ecosystem Based Management for Delivering Ecosystem Services with an Example from an Eighteen-Species Marine Model

David Finnoff, University of Wyoming, USA, finnoff@uwyo.edu Min Gong, Columbia University, USA, mingong@gmail.com John Tschirhart, University of Wyoming, USA, jtsch@uwyo.edu
 
Suggested Citation
David Finnoff, Min Gong and John Tschirhart (2012), "Perspectives on Ecosystem Based Management for Delivering Ecosystem Services with an Example from an Eighteen-Species Marine Model", International Review of Environmental and Resource Economics: Vol. 6: No. 1, pp 79-118. http://dx.doi.org/10.1561/101.00000048

Published: 01 Jan 2012
© 2011 D. Finnoff, M. Gong and J. Tschirhart
 
Subjects
Environmental Economics
 
Keywords
Q57Q22Q30Q38
Ecosystem based managementEcosystem servicesVector autoregressionEcosystem externalityBiodiversity
 
 
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In this article:
1 Roots of EBM
2 Ecology and Economics
3 A Procedure for EBM using VAR
4 Optimal EBM
5 Conclusion
Appendix — Deriving VAR from GEEM Data
References

Abstract

"(Ecologists) recommendations, when problems arise, tend to favor the preservation of nature, or to favor management programs that optimize only the biological side of the problem. It is not surprising that man, in self-interest, has usually chosen instead the recommendations of the economist or engineer, who is trained to optimize the human side of the problem." (Smith, 1968, p. 11)

DOI:10.1561/101.00000048