NOAA
Fisheries protected species economic research includes
protected species
valuation studies, benefit-cost analysis, and cost
effectiveness analysis. Protected species valuation
studies enables NOAA Fisheries to assess the national
benefits derived from threatened and endangered marine
stocks, including fish, sea turtles, marine mammals,
and sea birds. Values obtained from this research can
also be used to assess the benefits obtained from conservation
and recovery efforts, thus providing a useful benchmark
for valuing NOAA’s protected species research
and recovery efforts. Cost effectiveness analyses of
proposed and existing policies enable NOAA Fisheries
to identify the policy that will achieve a given level
of conservation
at least cost to society. All applied protected species
economic research contributes to legislative and
administrative mandates for cost benefit analyses
of regulatory actions.
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