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Project Code [2007-PhD-SD-3]

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Project title

An objective measure of value in biological entities for sustainable management and planning

Primary Funding Agency

Environmental Protection Agency

Co-Funding Organisation(s)

n/a

Lead Organisation

Queen's University Belfast (QUB)

Lead Applicant

K D Farnsworth

Project Abstract

We seek a more substantial definition of value than those based on consumer theory. Our working hypothesis is that total information content is the quantifiable feature that best predicts the intrinsic value of biological entities and their capacity to provide services. We will construct measures of information intensity with data derived from publications to illustrate the principle. Information intensity may be translated into financial value using conventional economic methods. The outcome will be an objective measure of value based on scientific information applicable to any biological entity from a cell to an ecosystem. This is a theoretical and statistical study.

Grant Approved

�79,979.00

Research Hub

Sustainability

Research Theme

Socio-Economic Considerations

Start Date

01/12/2007

Initial Projected Completion Date

01/12/2010