Economics and salmon habitat conservation: Welcome to the data-poor real world


24 Oct 2006

Download the slide presentation for this talk (10.42 MB)


Abstract
Benefit-cost analysis is as natural to economists as breathing—which sometimes gets us into trouble when we try to ply our trade in a data vacuum. In the data-poor real world, the practice of benefit-cost analysis often becomes one of using professional judgment to "divine" benefits and costs; in the area of conservation actions, this problem is particularly acute because economic data on the benefits of such actions are so sparse. In this talk, I describe a case study of how to conduct benefit-cost analysis in the data poor world of salmon habitat conservation. The case study is based on the process created by NOAA Fisheries to support the designation of critical habitat for 12 evolutionarily significant units (ESUs) listed as threatened or endangered under the Endangered Species Act.

Supplemental reading

Welcome to the Data-Poor Real World:
Incorporating Benefit-Cost Principles into Environmental Policymaking

About the speaker

Born and raised in Seattle, Mark Plummer earned a B.A. in Environmental Studies (1976) and Ph.D. in Economics (1982) at the University of Washington. In 2002, he joined the NOAA Fisheries as an economist at the NW Fisheries Science Center. At the center, he has helped develop a socioeconomics program focusing on salmon recovery planning and other protected resource issues. His work involves assessing the cost-effectiveness of salmon recovery actions, and developing methods to assess the value of salmon conservation with a focus on measuring ecosystem services enhanced through conservation.