As resource management efforts move towards more comprehensive approaches that spin multiple sectors and stakeholder groups, decision makers are faced with the challenge of deciding how important each group is, and how much weight their concerns should have, when making decisions. These decisions must be made transparently if they are...
A central challenge for natural resource management is developing rigorous yet practical approaches for balancing the costs and benefits of diverse human uses of ecosystems. Economic theory has a long history of evaluating tradeoffs in returns from different assets to identify optimal investment strategies. There has been recent progress applying...