An article by Assistant Professor of Economics Sahan T. M. Dissanayake and Meagan Hennessey ’14, focused on understanding the importance of accounting for sea-level rise for coastal conservation, was accepted for publication in Agricultural and Resource Economics Review, a journal hosted by Cambridge Press. In their paper, Dissanayake and Hennessey first show that ignoring climate change leads to sub-optimal outcomes for coastal conservation and then, using a case study from a marsh migration project in Phippsburg, Maine, show how readily accessible software can be used in coastal-conservation decisions given sea-level rise.
Hennessey presented this work, which grew from her honors thesis in the Economics Department, at the annual meeting of the Northeast Agricultural and Resource Economics Association in 2014. Her participation at this national conference was funded by a grant from the Office of the Provost and Vice President for Academic Affairs. Dissanayake stated, “having Meagan present this at a national conference helped us get feedback to push this work forward. This research is a good example of how Colby supports students to tackle current policy relevant issues aimed at informing regional policy.” The article will appear in the August 2017 issue of Agricultural and Resource Economics Review.