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Economic Assessment of Ecological Benefits

Science and Technology Policy Council

The Social Sciences Discussion Group (SSDG), convened under the auspices of the EPA Science Policy Council, was initiated to address issues related to the conduct of economic and other social science analyses at EPA. One of their efforts focused on improving the Agency's ability to conduct economic benefit analyses for regulatory cost-benefit or relative benefit assessments. The SSDG identified a need to "improve the Agency's ability to quantify, and, where possible, monetize ecological benefits, including quality of life." A workgroup representing all major EPA programs and environmental media was established to meet that charge.

 


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