IDEAS home Printed from https://ideas.repec.org/p/ags/rffdps/10494.html
   My bibliography  Save this paper

Issues at the Forefront of Public Policy for Environmental Risk: Comments for the American Meteorological Society's Annual Policy Colloquium

Author

Listed:
  • MacAuley, Molly K.

Abstract

The lay of the policy land for addressing and managing environmental risk includes the hillock of the precautionary principle, the mountain of the practice and ethics of monetary valuation, and the tectonic plates of real-world innovations in markets and trading exchanges for nonmarketed environmental goods. This paper offers an overview of these contemporary and as yet unresolved issues and asks how each might be addressed in disparate environmental risks such as lightning, climate change, and severe weather. The overview focuses on issues that may be of interest to the American Meteorological Society's annual policy colloquium.

Suggested Citation

  • MacAuley, Molly K., 2006. "Issues at the Forefront of Public Policy for Environmental Risk: Comments for the American Meteorological Society's Annual Policy Colloquium," Discussion Papers 10494, Resources for the Future.
  • Handle: RePEc:ags:rffdps:10494
    DOI: 10.22004/ag.econ.10494
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/10494/files/dp060001.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.10494?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. LeRoy, Stephen F & Singell, Larry D, Jr, 1987. "Knight on Risk and Uncertainty," Journal of Political Economy, University of Chicago Press, vol. 95(2), pages 394-406, April.
    2. repec:reg:rpubli:201 is not listed on IDEAS
    3. Boyd, James & Wainger, Lisa, 2003. "Measuring Ecosystem Service Benefits: The Use of Landscape Analysis to Evaluate Environmental Trades and Compensation," Discussion Papers 10738, Resources for the Future.
    4. Alberini, Anna & Cropper, Maureen & Krupnick, Alan & Simon, N.B.Nathalie B., 2004. "Does the value of a statistical life vary with age and health status? Evidence from the US and Canada," Journal of Environmental Economics and Management, Elsevier, vol. 48(1), pages 769-792, July.
    5. Jonathan B. Wiener & Michael D. Rogers, 2002. "Comparing precaution in the United States and Europe," Journal of Risk Research, Taylor & Francis Journals, vol. 5(4), pages 317-349, October.
    6. Lixin Zeng, 2000. "Pricing Weather Derivatives," Journal of Risk Finance, Emerald Group Publishing Limited, vol. 1(3), pages 72-78, February.
    7. Sunstein Cass R., 2005. "The Precautionary Principle as a Basis for Decision Making," The Economists' Voice, De Gruyter, vol. 2(2), pages 1-10, April.
    8. Boyd, James & Wainger, Lisa, 2003. "Measuring Ecosystem Service Benefits: The Use of Landscape Analysis to Evaluate Environmental Trades and Compensation," RFF Working Paper Series dp-02-63, Resources for the Future.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Macauley, Molly, 2006. "Some Issues at the Forefront of Public Policy for Environmental Risk," RFF Working Paper Series dp-06-01, Resources for the Future.
    2. Qenani-Petrela, Eivis & Noel, Jay E. & Mastin, Thomas, 2007. "A Benefit Transfer Approach to the Estimation of Agro-Ecosystems Services Benefits: A Case Study of Kern County, California," Research Project Reports 121605, California Polytechnic State University, San Luis Obispo, California Institute for the Study of Specialty Crops.
    3. H. Spencer Banzhaf & James Boyd, 2012. "The Architecture and Measurement of an Ecosystem Services Index," Sustainability, MDPI, vol. 4(4), pages 1-32, March.
    4. Hoekman, S. Kent & Broch, Amber, 2018. "Environmental implications of higher ethanol production and use in the U.S.: A literature review. Part II – Biodiversity, land use change, GHG emissions, and sustainability," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 3159-3177.
    5. Kjell Hausken, 2019. "Principal–Agent Theory, Game Theory, and the Precautionary Principle," Decision Analysis, INFORMS, vol. 16(2), pages 105-127, June.
    6. Boyd, James, 2010. "Lost Ecosystem Goods and Services as a Measure of Marine Oil Pollution Damages," RFF Working Paper Series dp-10-31, Resources for the Future.
    7. Kontogianni, Areti & Luck, Gary W. & Skourtos, Michalis, 2010. "Valuing ecosystem services on the basis of service-providing units: A potential approach to address the 'endpoint problem' and improve stated preference methods," Ecological Economics, Elsevier, vol. 69(7), pages 1479-1487, May.
    8. Buhle, Eric & Margolis, Michael & Ruesink, Jennifer L., 2004. "Bang for the Buck: Cost-Effective Control of Invasive Species with Different Life Histories," Discussion Papers 10793, Resources for the Future.
    9. Kroeger, Timm & Casey, Frank, 2007. "An assessment of market-based approaches to providing ecosystem services on agricultural lands," Ecological Economics, Elsevier, vol. 64(2), pages 321-332, December.
    10. Boyd, James & Banzhaf, Spencer, 2007. "What are ecosystem services? The need for standardized environmental accounting units," Ecological Economics, Elsevier, vol. 63(2-3), pages 616-626, August.
    11. Scarlett, Lynn & Boyd, James, 2015. "Ecosystem services and resource management: Institutional issues, challenges, and opportunities in the public sector," Ecological Economics, Elsevier, vol. 115(C), pages 3-10.
    12. Kadykalo, Andrew N. & Findlay, C. Scott, 2016. "The flow regulation services of wetlands," Ecosystem Services, Elsevier, vol. 20(C), pages 91-103.
    13. Buhle, Eric R. & Margolis, Michael & Ruesink, Jennifer L., 2005. "Bang for buck: cost-effective control of invasive species with different life histories," Ecological Economics, Elsevier, vol. 52(3), pages 355-366, February.
    14. Cole, Scott, 2012. "Equity over Efficiency: A Problem of Credibility in Scaling Resource-Based Compensatory?," CERE Working Papers 2012:12, CERE - the Center for Environmental and Resource Economics.
    15. Martin Drechsler, 2021. "Bundling of Ecosystem Services in Conservation Offsets: Risks and How They Can Be Avoided," Land, MDPI, vol. 10(6), pages 1-10, June.
    16. Wendland, Kelly J. & Honzák, Miroslav & Portela, Rosimeiry & Vitale, Benjamin & Rubinoff, Samuel & Randrianarisoa, Jeannicq, 2010. "Targeting and implementing payments for ecosystem services: Opportunities for bundling biodiversity conservation with carbon and water services in Madagascar," Ecological Economics, Elsevier, vol. 69(11), pages 2093-2107, September.
    17. Salazar-Ordóñez, Melania & Rodríguez-Entrena, Macario & Villanueva, Anastasio J., 2021. "Exploring the commodification of biodiversity using olive oil producers’ willingness to accept," Land Use Policy, Elsevier, vol. 107(C).
    18. James K. Hammitt, 2020. "Valuing mortality risk in the time of COVID-19," Journal of Risk and Uncertainty, Springer, vol. 61(2), pages 129-154, October.
    19. Annika Styczynski & Jedamiah Wolf & Somdatta Tah & Arnab Bose, 2014. "When decision-making processes fail: an argument for robust climate adaptation planning in the face of uncertainty," Environment Systems and Decisions, Springer, vol. 34(4), pages 478-491, December.
    20. Gray, Richard S., 1990. "The Role of Learning in Investment Decisions," 1990 Annual meeting, August 5-8, Vancouver, Canada 261490, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Keywords

    Environmental Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:rffdps:10494. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/rffffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.