The Baker Center's Interdisciplinary Group on Energy and Environmental Policy
presents Nick Hanley, Professor of Environmental Economics at the University of
Stirling in Scotland. "Why Is It so Difficult to Measure the Economic Value of
Changes in “Biodiversity”?
Thursday, Nov. 10 @ the Toyota Auditorium, 3:30 - 5 pm Free & open to the
public.
Nick writes:
“In this presentation, I run through the main ways in which economists attempt
to measure the dollar value of biodiversity. This mostly turns out to be an
attempt to measure the value of changes in species populations and habitat.
We review why such estimates are desirable, and how they might be used, and
consider examples from a number of recent studies. I then review a number of
problems in such work, including information, preference construction and
valuing resilience.”
Nick Hanley is a Professor of Environmental Economics and Head of the
Economics Division at the University of Stirling in Scotland. He specializes in
environmental economics, environmental valuation, cost-benefit analysis,
economics of sustainable development and agricultural economics. Nick has
written or edited 11 books on topics in environmental economics, including most
recently Pricing Nature with E. Barbier. Nick has published over 150 peer
reviewed journal articles or book chapters; these include collaborations with
environmental historians, ecologists, and many other disciplines. Nick will be
giving his talk in person and is visiting UTK from Scotland for a few days.
The Baker Center discussion forum is an opportunity for academics to share
their research findings to a broad set of academics, researchers, and students
from outside their own discipline but who have a common interest in
environmental and energy issues. For more information about the Baker Center
Interdisciplinary Group on Energy and Environmental Policy visit the forum’s
website: http://web.utk.edu/~jlarivi1/bcinter.html. By clicking on the talk titles
for the other sessions this semester you can also now access recordings of
these presentations and discussions.
Please join us for what promises to be a very interesting discussion and
presentation.
Paul Armsworth, College of Arts and Sciences
Jacob LaRiviere, College of Business Administration
Becky Jacobs, College of Law
Chris Clark, College of Agricultural Sciences and Natural Resources
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