How Should Economists Think about Biodiversity?

Bio diversity is of immense importance to humanity, and produces great economic value, but is nevertheless hard to capture in standard economic models. Heal will discuss these challenges and ways to overcome them.

Geoff Heal, Donald C. Waite III Professor Emeritus of Social Enterprise at Columbia Business School, is noted for contributions to economic theory and resources and environmental economics. He holds bachelors, masters and doctoral degrees from Cambridge University, where he studied at Churchill College and taught at Christ's College. He has also taught at Sussex, Essec, Yale, Stanford, Ecole Polytechnique, Stockholm and Princeton.

Author of 18 books and aproximately 200 articles, Heal is a Fellow of the Econometric Society, past managing editor of the Review of Economic Studies, past president of the Association of Environmental and Resource Economists, recipient of its prize for publications of enduring quality and a Life Fellow, and recipient of the 2013 Best Publication Prize of the European Association of Environmental and Resource Economists. Recent books include Nature and the Marketplace, Valuing the Future, When Principles Pay and Whole Earch Economics (forthcoming).