We help clients identify and manage both liabilities and opportunities that emerge from activities relying on or affecting natural resources and the environment. Our economists work in multidisciplinary teams to develop pragmatic solutions to the complex problems that arise when natural and human systems interact. Whether the issue stems from historical operations or the need to make proactive decisions, our goal is to assist clients in meeting their objectives in an evolving world.
Valuation of natural capital and ecosystem services
Natural resources are valued for the services they provide. We value services in terms of their contribution to the objectives of the client, be that a company’s bottom line, effects on various stakeholders, or the public at large. By tailoring the analysis to the needs of the client, our valuations are targeted to cost-effectively improve management decisions.
Natural Capital Accounting | Ecosystem Service Valuations | Economic Modeling and Econometrics
Benefit–cost and economic impact analysis
A national policy, community-level regulation, or specific project will have varied consequences. Benefit–cost analysis identifies and quantifies the economic pros and cons of alternative actions, helping decision-makers choose a best course of action. Benefit–cost analysis does this in terms of the overall social effects of the action, whereas economic impact analysis quantifies changes in regional state or national economic indicators such as income, employment, and tax collections. We conduct technically sound analyses and provide effective communications to assist decision-makers and inform stakeholders.
Impacts Accounting | Efficiency Analysis | Distributional Effects | Uncertainty Analysis
natural resource damage assessment
Our economists work in integrated teams to address the technical and strategic complexities of NRDA. We routinely assess effects on recreation or tribal use of resources, use decision-analysis tools to evaluate alternative studies and control NRDA costs, and undertake resource and habitat equivalency analyses as well as other valuation-based analyses. From cooperative assessment to litigation and expert testimony, clear and effective communication is a hallmark of our team.
NRDA Strategy | Negotiations, Cooperation, and Testimony | Recreation and Cultural Use | REA and HEA
FEATURED STAFF MEMBER
Theodore D. Tomasi, Ph.D.
Dr. Ted Tomasi has more than 30 years of experience as a natural resource economist, specializing in the valuation of natural resources and environmental changes, risk management in the context of use decisions regarding resource use, and benefit–cost analysis. Before beginning his consulting career, he served on the faculties of the University of Minnesota, University [...]
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