Special Issue "Sustainable Management of Marine Resources under Uncertainty: Economic, Environmental and Social Aspects"
A special issue of Sustainability (ISSN 2071-1050).
Deadline for manuscript submissions: closed (15 December 2015)
Prof. Dr. Phoebe Koundouri
1. Athens University of Economics and Business
2. London School of Economics, Grantham Research Institute on Climate Change and the Environment
3. ICRE8 (The International Centre for Research on the Environment and the Economy)
Website 1 | Website 2 | E-Mail
Fax: +30 210 8214122
Interests: natural resources (Renewable and Non-Renewable) economics and econometrics; long-run discounting, economic sustainability and long-run cost-benefit analysis; uncertainty, risk and irreversibility, natural disasters; benefit valuation; production and the environment; agricultural economics; regulation and instruments; game theory and the environment; philosophy of science applied to economics (general), econometrics and environmental and resource economics; econometric methods
Estimates of global oceanic economic activity’s value range between 3-6 trillion (USD)/year. Such activity includes a wide range of ocean-related industries, which contribute to both current and future economic development. In fact, offshore activities are expected to be intensified in the near future. In this context, the single most important challenge will be the development of an integrated framework of analysis for assessing the environmental, economic (including financial), and social sustainability aspects of offshore activities. Developing such a framework will have to occur under environmental and socio-economic uncertainty. A related challenge is the development and implementation of the management strategies that are needed to support welfare-improving, sustainable offshore activities and to facilitate the implementation of the European Marine Strategy Framework Directive. Offshore activities involve three compounding levels of uncertainty—uncertainty over the underlying marine physical or ecological processes, uncertainty over the socio-economic impacts of offshore activities and of environmental changes (that are related to said activities), and uncertainty over technological changes that might ameliorate economic impacts and/or reduce the cost of limiting the environmental damage in the first instance. This Special Issue aims at building the needed integrated framework of analysis. Given the aforementioned three compounding levels of uncertainty, this is a challenge!
Dr. Phoebe Koundouri
Manuscript Submission Information
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