In Europe, as in many other parts of the world, an increasing number of coastal and marine policies require or encourage the use of environmental valuation and cost-benefit analysis. This means that policy-makers and regulators are placing increasing demands on economists to supply such values...

In the wake of Hurricane Katrina, the Louisiana Coastal Protection and Restoration Authority (CPRA) was established to integrate programs for habitat restoration and infrastructure protection. The Authority has begun aligning the state’s coastal spending to reflect increasing public interest...