Tag Archives: environmental valuation

Urban Wildlife – An Exploration

Posted on April 8, 2020 by Adam Bailey

In many cities around the world, there are wild animal species whose presence is enjoyed by some and a nuisance to others. Management of such species should be informed by economic analysis as well as ecological, ethical and animal welfare … Continue reading →

Posted in Cities, Wildlife | Tagged , , , , , | 2 Comments

The Marginal Value of Parks

Posted on May 15, 2019 by Adam Bailey

Environmental valuation studies should be clearer as to whether the value they estimate is marginal value or something else.  The idea of a marginal quantity is one of the most-used in the economist’s toolkit.  In the theory of the firm, … Continue reading →

Posted in Recreation | Tagged , , , | Leave a comment

A Valuation Case Study: the Great Barrier Reef

Posted on July 15, 2017 by Adam Bailey

A valuation of the Great Barrier Reef illustrates many common issues in the economics of environmental valuation. A recent report by Deloitte Access Economics (1) estimates the asset value of the Great Barrier Reef at A$56 billion (2).  This is … Continue reading →

Posted in Environment (general) | Tagged , , , , , , , , | Leave a comment