News for: Socio-economic Marine Research Unit

Whitaker Institute Scientific Director, Stephen Hynes, has co-authored a new report on ‘Valuing Marine Ecosystems’ in the European Marine Board. Executive Summary This publication highlights current thinking in ecosystem service valuation for the marine environment. Valuation of the direct and indirect benefits (for either societal welfare, health and economic activities) stemming from marine ecosystem services,… | Read on »

SEMRU member, Dr Tom McDermott, has co-authored a new report for the Asian Development Bank. The chapter, entitled ‘Strengthening Disaster Resilience’, is the thematic chapter in the annual Asian Development Outlook report for 2019. Over the past half century, developing Asia has transformed from one of the world’s poorest regions to its center of its economic… | Read on »

Work undertaken by members of the SEMRU research cluster, along with the University of Limerick, has discovered shipwrecks are acting as artificial reefs, “making an important contribution to maintaining coral and other species.” Continue reading about the discoveries below:   Irish Examiner The Times 

The Socio-Economic Marine Research Unit (SEMRU), Whitaker Institute, NUI Galway, recently hosted its 9th Annual Marine Economics & Policy Research Symposium (18th Nov). With over 80 delegates, the day was a great success with this year’s theme, ‘The Marine Economy: Access and Infrastructure’. Speakers included Lt. Cdr Paul Hegarty, Irish Naval Service, Dr Christina Kelly,… | Read on »

Data used to model decision-making behaviour commonly comes from one of two sources, subjective data or objective data. Subjective data is generally based on users experience of a good, whereas objective data may come from a range of source including scientific measures and management/expert opinion. The use of either source of data requires a trade-off;… | Read on »

An angler’s decision on which site to fish at can be a complex system of arithmetic calculations, weighing up the attractions and detractions of every feasible site they could visit. One site may have good access but poor fish quality, another may be teeming with fish but overcrowded with anglers. On any given choice occasion… | Read on »

The Irish Times has released an article featuring a seminar by Dr Micheál Ó Cinnéide, which was took place at SEMRU’s recent Marine Economics and Policy Symposium. To read the piece, click here.

This research, conducted by economists Tom Gillespie and Stephen Hynes, SEMRU, along with Ronan Lyons (Trinity College Dublin), has analysed over half a million sales and rental property listings placed over the last decade and calculated the extent of the sea-view enjoyed by properties and the average increase in value attributed to this. The paper… | Read on »

Urban areas are already suffering substantial losses in both economic and human terms from climate-related disasters, including flooding. These losses are anticipated to grow substantially in the coming decades, while local planning decisions today will have a large bearing on future costs, for example by locking-in future exposure to flood risk (Kocornik-Mina et al. 2015)…. | Read on »

  On Wednesday, April 4,  Dr Stephen Hynes and Professor Paul Holm presented  a recent scientific evidence review report produced by the Horizon 2020-funded SAPEA consortium, “Food from the Oceans at the Royal Irish Academy in Dublin. Stephen was nominated to SAPEA expert working group  that produced the report by the RIA. The report advises… | Read on »