TY - JOUR
T1 - Measures of energy cost and value in ecosystems
AU - Hannon, Bruce
AU - Costanza, Robert
AU - Herendeen, Robert A.
N1 - Funding Information:
We thank R. Gorden of the Illinois Natural History Survey, who, with R. Costanza, was Principal Investigator of Grant (ENR-80.260) “Modeling of Economic and Ecological Systems” from the Illinois Department of Energy and Natural Resources, which supported this work. We also thank J. Finn and two anonymous reviewers for their helpful suggestions on earlier drafts.
PY - 1986/12
Y1 - 1986/12
N2 - The physical output of ecological processes have different values even though they may be measured in the same physical units. Using linear input-output theory, we derive a set of weights based on direct and indirect energy requirements for ecosystem commodities which uniquely converts them into commensurable unit costs. Under certain conditions, these costs are equal to values or prices. Using this system, behavioral theories can be better posed for experimental verification.
AB - The physical output of ecological processes have different values even though they may be measured in the same physical units. Using linear input-output theory, we derive a set of weights based on direct and indirect energy requirements for ecosystem commodities which uniquely converts them into commensurable unit costs. Under certain conditions, these costs are equal to values or prices. Using this system, behavioral theories can be better posed for experimental verification.
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U2 - 10.1016/0095-0696(86)90008-2
DO - 10.1016/0095-0696(86)90008-2
M3 - Article
AN - SCOPUS:38249038840
SN - 0095-0696
VL - 13
SP - 391
EP - 401
JO - Journal of Environmental Economics and Management
JF - Journal of Environmental Economics and Management
IS - 4
ER -