Pitt professors article considers nature as a service provider
A study published Feb. 1 in the journal Bioscience finds that giving economic value to environmental systems may actually help preserve those systems in the long run. The study, led by University of Pittsburgh Graduate School of Public and International Affairs (GSPIA) Professor Stephen Farber and titled "Linking Ecology and Economics for Ecosystem Management," uses several case studies to illustrate how an ecosystem management perspective can aid in management decisions.
The research included in the study takes an element of a natural system, like a tree, and focuses on the services provided by that element, such as its ecological benefits. This approach brings together two disciplines that historically are not allied: economics, which traditionally assigns set values, and ecology, which characterizes how nature works.
Hali Felt | EurekAlert!
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