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Environmental Economics Advisory

By The Honorable and Michael O. Leavitt


Environmental Economics Research Strategy. The Agency asked the SAB to consider a number of issues, including whether the Research Strategy adequately characterized the major research gaps in key areas and addressed the issues of greatest scientific uncertainty; whether the research was feasible and likely to generate high quality results in a timely manner; what valuation methodology research should be investigated, whether the agency had missed any issues of overriding importance, and how best to communicate the research needs to the wider research community. The Committee focused on five key areas of research; valuation of human health and ecological benefits of environmental improvement, environmental behavior/decision-making, market methods/incentives, and benefits of environmental information disclosure. In general, the Committee concluded that the Research Strategy adequately characterizes the major research gaps in the literature for the benefits of human health and ecological risk reduction and that the research could generate high quality, useful information in a reasonable time frame. The Committee noted that valuation of human health risk reduction benefits should consider the reliability of existing estimates of the value o

Year: 2004
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