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Signed Peer Reviews as a Means to Improve Scholarly Publishing
Get PDFPeer review is a necessary process with a long history of complaints, including over-solicitation of a small number of reviewers, delays, inadequate numbers of reviewers, and a lack of incentives to provide strong reviews or avoid reviews with little helpful information for the author. In the era of Web-based distribution of research, through working paper or project reports, anonymous peer reviews are much less likely. The Journal of Ocean and Coastal Economics will use signed peer reviews and an open communication process among authors, reviewers, and editors. This approach, to be developed over time, should lead to stronger communication of research results for the Journal\u27s readers.
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The Evolution of Non-Market Valuation of U.S. Coastal and Marine Resources
Get PDFAt the federal level, particularly within the National Oceanic and Atmospheric Administration (NOAA), regulatory and programmatic needs have driven the continued development and application of non-market valuation approaches to marine and coastal resources. The evolution of these valuation approaches not only entails adopting the recommendations of the 1993 NOAA blue ribbon panel on contingent valuation, but also an expansion of stated preference approaches with increased use of stated preference choice experiments. Revealed preference approaches have also advanced with more sophisticated random utility models. We provide an overview of this evolution in the areas of natural resources damage assessment, protected resources, recreational fisheries, and coastal management. With the broad adoption of an ecosystem services approach to marine and coastal resource management, the demand for valuation of ecosystem services has grown and will continue to provide the impetus for more studies similar to those presented. Similar to what occurred initially as a result of the blue ribbon study, greater adoption of valuation estimates, particularly for non-use value, may be facilitated by guidance and standards from a high-level or highly respected authority.
La evolución de la valoración no basada en el mercado de recursos marinos y costeros de Estados Unidos
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Using Future Benefits to Set Conservation Priorities for Wetlands
Get PDFIn an era of rising sea levels, costal land managers including land trust representatives, municipal planners, and others contributing to decisions about whether to develop or protect coastal parcels do not have viable means of evaluating future values on wetlands that will be created when sea levels rise. This project develops and tests a software modeling approach to help address this issue, in combination with a novel, expert-opinion driven benefit-cost framework. The beta test used three parcels in Scarborough, Maine: Hampton Circle, Maine Audubon, and Pine Point. It used a group of experts to 1) allocate initial values to these parcels for a range of ecosystem services, using Wetland Benefit Units, and 2) create depth-benefit curves that estimate how those values would change with increasing water depth at each site. Experts estimated that the Hampton Circle site had the highest initial values across all services. But once sea level rise and topographic diversity was accounted for via use of the software (Marsh Adaptation Strategy Tool), what initially appeared to be the most valuable site became the least valuable. The analysis demonstrates the importance of being able to examine interactions among a diversity of ecosystem service values, local topography, and possible sea level rise, and demonstrates the utility of a new software tool and benefit-cost framework to support coastal land management decisions before and during upland conversion to wetland
What Have We Learned from the Deepwater Horizon Disaster? An Economist’s Perspective
Get PDFThis paper outlines what we have learned about the impacts of the Deepwater Horizon (DWH) oil disaster from the economics discipline as well as what effect the DWH disaster has had on the economics discipline. It appears that what we know about the economic impact of the DWH spill today is limited, possibly because such analysis is tied up in the federal Natural Resource Damage Assessment (NRDA) process and other state-led efforts. There is evidence, however, that the NRDA process has changed over time to de-emphasize economic valuation of damages. There is also evidence that economists may be producing fewer outputs as a result of the DWH relative to scholars from other disciplines because of an apparent absence of funding for it. Of the research that has taken place, this paper provides a summary and highlights the main directions of future research. It appears that the most pressing topic is addressing the incentives and policies in place to promote a culture of safety in the offshore oil industry. Also, it appears that the most prominent, and challenging, direction of future research resulting from the DWH is the expansion of an ecosystems services approach to damage assessment and marine policy.
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In Memoriam Nancy A. Olsen
Get PDFMemorial statement for Nancy Olsen, first Managing Editor of the Journal
Abstracts Vol 2 French
Get PDFAbstracts for Volume 2 of the Journal of Ocean & Coastal Economics in Frenc
Abstracts Vol 2 Portugese
Get PDFAbstracts Volume 2 The Journal of Ocean & Coastal Economics in Portugese (Brazil