Generational cost benefit analysis for evaluating marine ecosystem restoration In: Tony Pitcher, Ussif Rashid Sumaila and Daniel Pauly. (eds) Fisheries impacts on North Atlantic ecosystems: Evaluations and Policy Exploration. Fisheries Centre Research Rep
Conventional Cost Benefit Analysis (CBA) tends to show that most ecosystem restoration programs are not worthwhile in economic terms. This is because discounting significantly reduces future net benefits from restoration, since benefits are discounted using the time perspective (i.e., the discountin...
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ftciteseerx:oai:CiteSeerX.psu:10.1.1.114.1543 2023-05-15T17:31:50+02:00 Generational cost benefit analysis for evaluating marine ecosystem restoration In: Tony Pitcher, Ussif Rashid Sumaila and Daniel Pauly. (eds) Fisheries impacts on North Atlantic ecosystems: Evaluations and Policy Exploration. Fisheries Centre Research Rep Ussif Rashid Sumaila Fisheries Centre Ubc The Pennsylvania State University CiteSeerX Archives 2001 application/pdf http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.114.1543 http://www.seaaroundus.org/report/impactpolicy/sumaila1.pdf en eng http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.114.1543 http://www.seaaroundus.org/report/impactpolicy/sumaila1.pdf Metadata may be used without restrictions as long as the oai identifier remains attached to it. http://www.seaaroundus.org/report/impactpolicy/sumaila1.pdf text 2001 ftciteseerx 2016-01-07T13:48:52Z Conventional Cost Benefit Analysis (CBA) tends to show that most ecosystem restoration programs are not worthwhile in economic terms. This is because discounting significantly reduces future net benefits from restoration, since benefits are discounted using the time perspective (i.e., the discounting clock) of the current generation only. I propose the use of what is termed Generational CBA, which discounts net benefits from the perspective of all generations. This CBA takes into account the fact that current restoration efforts may produce benefits to future generations, and that these benefits need to be valued using the respective discounting clocks of the generation receiving the benefits. Text North Atlantic Unknown |
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Conventional Cost Benefit Analysis (CBA) tends to show that most ecosystem restoration programs are not worthwhile in economic terms. This is because discounting significantly reduces future net benefits from restoration, since benefits are discounted using the time perspective (i.e., the discounting clock) of the current generation only. I propose the use of what is termed Generational CBA, which discounts net benefits from the perspective of all generations. This CBA takes into account the fact that current restoration efforts may produce benefits to future generations, and that these benefits need to be valued using the respective discounting clocks of the generation receiving the benefits. |
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The Pennsylvania State University CiteSeerX Archives |
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Text |
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Ussif Rashid Sumaila Fisheries Centre Ubc |
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Ussif Rashid Sumaila Fisheries Centre Ubc Generational cost benefit analysis for evaluating marine ecosystem restoration In: Tony Pitcher, Ussif Rashid Sumaila and Daniel Pauly. (eds) Fisheries impacts on North Atlantic ecosystems: Evaluations and Policy Exploration. Fisheries Centre Research Rep |
author_facet |
Ussif Rashid Sumaila Fisheries Centre Ubc |
author_sort |
Ussif Rashid Sumaila |
title |
Generational cost benefit analysis for evaluating marine ecosystem restoration In: Tony Pitcher, Ussif Rashid Sumaila and Daniel Pauly. (eds) Fisheries impacts on North Atlantic ecosystems: Evaluations and Policy Exploration. Fisheries Centre Research Rep |
title_short |
Generational cost benefit analysis for evaluating marine ecosystem restoration In: Tony Pitcher, Ussif Rashid Sumaila and Daniel Pauly. (eds) Fisheries impacts on North Atlantic ecosystems: Evaluations and Policy Exploration. Fisheries Centre Research Rep |
title_full |
Generational cost benefit analysis for evaluating marine ecosystem restoration In: Tony Pitcher, Ussif Rashid Sumaila and Daniel Pauly. (eds) Fisheries impacts on North Atlantic ecosystems: Evaluations and Policy Exploration. Fisheries Centre Research Rep |
title_fullStr |
Generational cost benefit analysis for evaluating marine ecosystem restoration In: Tony Pitcher, Ussif Rashid Sumaila and Daniel Pauly. (eds) Fisheries impacts on North Atlantic ecosystems: Evaluations and Policy Exploration. Fisheries Centre Research Rep |
title_full_unstemmed |
Generational cost benefit analysis for evaluating marine ecosystem restoration In: Tony Pitcher, Ussif Rashid Sumaila and Daniel Pauly. (eds) Fisheries impacts on North Atlantic ecosystems: Evaluations and Policy Exploration. Fisheries Centre Research Rep |
title_sort |
generational cost benefit analysis for evaluating marine ecosystem restoration in: tony pitcher, ussif rashid sumaila and daniel pauly. (eds) fisheries impacts on north atlantic ecosystems: evaluations and policy exploration. fisheries centre research rep |
publishDate |
2001 |
url |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.114.1543 http://www.seaaroundus.org/report/impactpolicy/sumaila1.pdf |
genre |
North Atlantic |
genre_facet |
North Atlantic |
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http://www.seaaroundus.org/report/impactpolicy/sumaila1.pdf |
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http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.114.1543 http://www.seaaroundus.org/report/impactpolicy/sumaila1.pdf |
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Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
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