S.V. Ciriacy-Wantrup
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S.V. Ciriacy-Wantrup
Siegfried von Ciriacy-Wantrup was a German academic. Born in Langenberg, Germany in 1906. After doing his master's work in Illinois, he returned to Bonn to get his Ph.D. in 1931. In 1936, he left Nazi Germany for the United States, arriving at UC Berkeley and the Department of Agricultural and Resource Economics in 1938. Wantrup did early work on natural resource management, contributing important concepts related to resource economics and policy. Wantrup derived criteria for sustainability that included the "Safe Minimum Standard" (the threshold below which loss is catastrophic), irreversibility, and unknown future probability (Option Value). He also wrote on "Common Property" and the "Extramarket Values" of collective goods. He died in 1980 at the Men's Faculty Club. Academic work Career highlights: * Fellow National Academy, IAS, AAAS, AAEA, Rockefeller, Guggenheim * 1952 classic text "Resource Conservation" * Testified and shaped state and federal conservation policy * Int ...
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Langenberg (Rhineland)
Langenberg () is a borough (''Stadtbezirk'') of Velbert, a town in North Rhine-Westphalia, Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu .... Its population is 15,717 (2021). Located in this district is the famous Sender Langenberg transmission site, which transmits MW, FM, and TV broadcasting signals. Gallery Image:Langenberg, Sankt Michaelkirche langs spoorlijn foto3 2012-03-27 14.16.JPG, Langenberg, church (Sankt Michaelkirche) close to the railway File:Langenberg, Sankt Michaelkirche in straatzicht foto4 2012-03-27 14.43.JPG, Langenberg, church (Sankt Michaelkirche) in the street Image:Langenberg, die Alte Kirche foto4 2012-03-27 14.34.JPG, Langenberg, church: die Alte Kirche Image:Langenberg, monumentaal pand (Hauptstrasse 36) op kerkplein foto4 2012-03-27 1 ...
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Contingent Valuation
Contingent valuation is a survey-based economic technique for the valuation of non- market resources, such as environmental preservation or the impact of externalities like pollution. While these resources do give people utility, certain aspects of them do not have a market price as they are not directly sold – for example, people receive benefit from a beautiful view of a mountain, but it would be tough to value using price-based models. Contingent valuation surveys are one technique which is used to measure these aspects. Contingent valuation is often referred to as a ''stated preference'' model, in contrast to a price-based '' revealed preference'' model. Both models are utility-based. Typically the survey asks how much money people would be willing to pay (or willing to accept) to maintain the existence of (or be compensated for the loss of) an environmental feature, such as biodiversity. History Contingent valuation surveys were first proposed in theory by S.V. Cir ...
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1980 Deaths
Events January * January 4 – U.S. President Jimmy Carter proclaims a grain embargo against the USSR with the support of the European Commission. * January 6 – Global Positioning System time epoch begins at 00:00 UTC. * January 9 – In Saudi Arabia, 63 Islamist insurgents are beheaded for their part in the siege of the Great Mosque in Mecca in November 1979. * January 14 – Congress (I) party leader, Indira Gandhi returns to power as the Prime Minister of India. * January 20 – At least 200 people are killed when the Corralejas Bullring collapses at Sincelejo, Colombia. * January 21 – The London Gold Fixing hits its highest price ever of $843 per troy ounce ($2,249.50 in 2020 when adjusted for inflation). * January 22 – Andrei Sakharov, Soviet scientist and human rights activist, is arrested in Moscow. * January 26 – Israel and Egypt establish diplomatic relations. * January 27 – Canadian Caper: Six United States diplomats, posing as Canadians, mana ...
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1906 Births
Events January–February * January 12 – Persian Constitutional Revolution: A nationalistic coalition of merchants, religious leaders and intellectuals in Persia forces the shah Mozaffar ad-Din Shah Qajar to grant a constitution, and establish a national assembly, the National Consultative Assembly, Majlis. * January 16–April 7 – The Algeciras Conference convenes, to resolve the First Moroccan Crisis between French Third Republic, France and German Empire, Germany. * January 22 – The strikes a reef off Vancouver Island, Canada, killing over 100 (officially 136) in the ensuing disaster. * January 31 – The 1906 Ecuador–Colombia earthquake, Ecuador–Colombia earthquake (8.8 on the Moment magnitude scale), and associated tsunami, cause at least 500 deaths. * February 7 – is launched, sparking a Anglo-German naval arms race, naval race between Britain and Germany. * February 11 ** Pope Pius X publishes the encyclical ''Vehementer Nos'', de ...
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Resource Economics
Natural resource economics deals with the Supply (economics), supply, Demand (economics), demand, and Resource allocation, allocation of the Earth's natural resources. One main objective of natural resource economics is to better understand the role of natural resources in the economy in order to develop more Sustainability, sustainable methods of managing those resources to ensure their availability for future generations. Resource economists study interactions between economic and natural systems, with the goal of developing a sustainable and efficient economy. Areas of discussion Natural resource economics is a transdisciplinary field of academic research within economics that aims to address the connections and interdependence between human economies and natural ecosystems. Its focus is how to operate an economy within the ecological constraints of earth's natural resources.Encyclopedia of EarthArticle Topic: ecological economics/ref> Resource economics brings together and ...
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Institutional Economics
Institutional economics focuses on understanding the role of the Sociocultural evolution, evolutionary process and the role of institutions in shaping Economy, economic Human behavior, behavior. Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other. Its name and core elements trace back to a 1919 ''American Economic Review'' article by Walton H. Hamilton. Institutional economics emphasizes a broader study of institutions and views markets as a result of the complex interaction of these various institutions (e.g. individuals, firms, states, social norms). The earlier tradition continues today as a leading Heterodox economics, heterodox approach to economics.Warren Samuels, Warren J. Samuels ([1987] 2008). "institutional economics," ''The New Palgrave: A Dictionary of Economics''Abstract. "Traditional" institutionalism rejects the ''reduction'' of institutions to simply tastes, ...
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Environmental Economics
Environmental economics is a sub-field of economics concerned with environmental issues. It has become a widely studied subject due to growing environmental concerns in the twenty-first century. Environmental economics "undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the world. Particular issues include the costs and benefits of alternative environmental policies to deal with air pollution, water quality, toxic substances, solid waste, and global warming." Environmental Versus Ecological Economics Environmental economics is distinguished from ecological economics in that ecological economics emphasizes the economy as a subsystem of the ecosystem with its focus upon preserving natural capital. While environmental economics focuses on human preferences, by trying to balance protecting natural resources with people's needs for products and services. Due to these differences it can be seen that ecologi ...
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Biodiversity
Biodiversity is the variability of life, life on Earth. It can be measured on various levels. There is for example genetic variability, species diversity, ecosystem diversity and Phylogenetics, phylogenetic diversity. Diversity is not distributed evenly on Earth. It is greater in the tropics as a result of the warm climate and high primary productivity in the region near the equator. Tropical forest ecosystems cover less than one-fifth of Earth's terrestrial area and contain about 50% of the world's species. There are latitudinal gradients in species diversity for both marine and terrestrial taxa. Since Abiogenesis, life began on Earth, six major mass extinctions and several minor events have led to large and sudden drops in biodiversity. The Phanerozoic aeon (the last 540 million years) marked a rapid growth in biodiversity via the Cambrian explosion. In this period, the majority of Multicellular organism, multicellular Phylum, phyla first appeared. The next 400 mil ...
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UC Berkeley
The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California), is a public land-grant research university in Berkeley, California, United States. Founded in 1868 and named after the Anglo-Irish philosopher George Berkeley, it is the state's first land-grant university and is the founding campus of the University of California system. Berkeley has an enrollment of more than 45,000 students. The university is organized around fifteen schools of study on the same campus, including the College of Chemistry, the College of Engineering, College of Letters and Science, and the Haas School of Business. It is classified among "R1: Doctoral Universities – Very high research activity". Lawrence Berkeley National Laboratory was originally founded as part of the university. Berkeley was a founding member of the Association of American Universities and was one of the original eight " Public Ivy" schools. In 2021, the federal funding for campus research and dev ...
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Endangered Species
An endangered species is a species that is very likely to become extinct in the near future, either worldwide or in a particular political jurisdiction. Endangered species may be at risk due to factors such as habitat loss, poaching, invasive species, and climate change. The International Union for Conservation of Nature (IUCN) Red List lists the global conservation status of many species, and various other agencies assess the status of species within particular areas. Many nations have laws that protect conservation-reliant species which, for example, forbid hunting, restrict land development, or create protected areas. Some endangered species are the target of extensive conservation efforts such as captive breeding and habitat restoration. Human activity is a significant cause in causing some species to become endangered. Conservation status The conservation status of a species indicates the likelihood that it will become extinct. Multiple factors are ...
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Conservation Land Use Planning
Conservation is the preservation or efficient use of resources, or the conservation of various quantities under physical laws. Conservation may also refer to: Environment and natural resources * Nature conservation, the protection and management of the environment and natural resources **Wetland conservation, protecting and preserving areas where water exists at or near the Earth's surface, such as swamps, marshes and bogs. * Conservation biology, the science of protection and management of biodiversity * Conservation movement, political, environmental, or social movement that seeks to protect natural resources, including biodiversity and habitat * Conservation organization, an organization dedicated to protection and management of the environment or natural resources * Wildlife conservation, the practice of protecting wild species and their habitats in order to prevent species from going extinct * ''Conservation'' (magazine), published by the Society for Conservation Biolog ...
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