Costanza’s article makes a great point of explaining how ecosystems aren’t given enough attention because the capital they produce can’t be quantified. Unfortunately, we often don’t realize the value they provide until after they are removed, demolished, or constructed over. However, Costanza seems focused on always quantifying the value of an ecosystem if planning on altering it and I disagree with that idea. Sometimes it isn’t about the tolls that would be collected on a new bridge but about how much faster it would be to commute and transport goods from one place to another. While monetary value gives us tangible factors to compare the two by, there are often intangible factors to consider when planning to construct on an existing ecosystem. I do agree with Costanza’s point of measuring marginal costs versus marginal benefits for the best decision making results. However, attempting to fit the two onto an actual supply and demand graph seems incredibly difficult, because even Costanza notes its virtually impossible to quantify demand. Overall, I agree with Costanza’s claim that ecosystems contribute a great deal to human welfare and aren’t valued highly enough. Although his methods of evaluating their importance seem questionable to me, Costanza was right to mention the weigh marginal costs and marginal benefits.
Instructor: Chester B. Zarnoch, Ph.D.
Office Phone: (646) 660-6239
Office: 707, 23
Office hours: Thursday 1:00-2:00 or by appointment
Lecture: TTh 11:10-12:25 in room 3145 of the Vertical Campus
Instructional Technology Fellow: Amanda Licastro
Office Hours: Mondays 12-3:00pm. I will hold office hours in VC 7235 in the cubicle marked 7230B. And virtual office hours via Google Hangout, chat, or Skype on Tuesdays from 12-3pm (email email@example.com to make an appointment).
- The Economics of Social Ecological Systems
- Letting The Common Man Learn To Manage The Commons
- Organization is Key
- Elinor Ostrom: Nobel Legacy
- elinor ostrom + ownership
- Presentation tips and tricks
- Complexity vs. Chaos
- Spreading the Discussion on Biodiversity
- Biodiversity Loss and Its Impact on Human Activity
- Biodiversity Loss: What You Need To Know
- Biodiversity’s Importance
- Understanding Humanity’s Impact on Biodiversity
- Bottom-Up? Think Again.
- The implications of our Top-Down Systems
- Bottom-Up or Top-Down?
- A New Approach
- A Traditional Theory Reconsidered -Silliman 2002
- Dinner at the Cost of Destroying the Environment
- It’s Not All About the Money
- “We stress again that this is only a starting point.”
- valuation matters
- Not Everything Has a Valuation
- Adding A Monetary Value to Nature
- Heavy costs on resources
- Can Everything Be Quantified?
- A BioBlitz Segment
- GIS workshop at Baruch
- BioBlitz Experience
- More too offer than just a zoo -Central Park
- BioBlitz: Discovering the Ecosystem of New York City
- A Brief BioBlitz
- Central Park Bioblitz
- Saved By Shakespeare
- Blitzing through central park at 5am
- Something New
- My BioBlitz Experience
- Retrospective Amazement
- Flight of Thought
- Being a Botanist for a Day
- Snails, Anyone? BioBlitz!
- bioblitzing on a muggy tuesday morning
- You are famous! #CentralParkBioBlitz in the news!
- Bio Blitz
- Reading Responses
- Hello world!
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