Richard L. Bernknopf is a research professor in the Department of Economics at the University of New Mexico and a visiting research fellow at Resources for the Future in Washington, DC. In addition, he is the director of the Science Impact Laboratory for Policy and Economics at the University of New Mexico. Before joining the faculty at UNM, Dr. Bernknopf was an economist with the United States Geological Survey for more than thirty-eight years. Dr. Bernknopf's research focuses on the demonstration of the economic value of earth observation and the translation of that data into a form compatible with decisionmaking processes.
Richard Bernknopf
Nonresident Fellow
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Working Paper — Apr 26, 2021
Earth Observations Can Enable Cost-Effective Conservation of Eastern North Pacific Blue Whales: A Value of Information Analysis
We conduct an analysis to estimate the value of information (VOI) of Earth observations for prospective regulation of marine shipping to conserve Eastern North Pacific blue whales in the Exclusive Economic Zone of the United States.
Journal Article — Nov 23, 2020
Estimating Forest Sustainability Bond Prices for Natural Resource and Ecosystem Services Markets
A journal article that introduces a sustainable forestry bond that is composed of wood products and ecosystem services, geared toward increasing the cash flow to a traditional forest bond.
Working Paper — Jul 11, 2019
The Cost-Effectiveness of Satellite Earth Observations to Inform a Post-Wildfire Response
This study demonstrates the cost-effectiveness of using satellite imagery to assess burned areas and prioritize response measures after a wildfire; it shows that, by using Landsat imagery, federal agencies can save up to $7.7 million per year in post-fire costs.
Working Paper — Apr 26, 2021
Earth Observations Can Enable Cost-Effective Conservation of Eastern North Pacific Blue Whales: A Value of Information Analysis
We conduct an analysis to estimate the value of information (VOI) of Earth observations for prospective regulation of marine shipping to conserve Eastern North Pacific blue whales in the Exclusive Economic Zone of the United States.
Journal Article — Nov 23, 2020
Estimating Forest Sustainability Bond Prices for Natural Resource and Ecosystem Services Markets
A journal article that introduces a sustainable forestry bond that is composed of wood products and ecosystem services, geared toward increasing the cash flow to a traditional forest bond.
Working Paper — Jul 11, 2019
The Cost-Effectiveness of Satellite Earth Observations to Inform a Post-Wildfire Response
This study demonstrates the cost-effectiveness of using satellite imagery to assess burned areas and prioritize response measures after a wildfire; it shows that, by using Landsat imagery, federal agencies can save up to $7.7 million per year in post-fire costs.
Workshop/Seminar — Oct 30, 2019
2019 VALUABLES Consortium Annual Workshop
The VALUABLES Consortium's workshop is an annual gathering of economists, NASA experts, Earth scientists, decisionmakers, and thought leaders.
Speeches & Presentations — Dec 10, 2018
2018 American Geophysical Union (AGU) Fall Meeting
Join the VALUABLES Consortium at the 2018 AGU Fall Meeting to learn more about our work to quantify the socioeconomic benefits of Earth observations when they are used to make decisions.
Common Resources — Nov 23, 2020
“Green” Bonds: Potential for the Marketplace to Reflect the Value of Environmental Goods
Research from RFF’s Richard Bernknopf indicates that, in contrast to the implications of a new Labor Department rule, incorporating “green” bonds into the market offers financial benefits that are worth considering.
Common Resources — Jun 4, 2018
GRACE Mission Analyses Illustrate the Value of Earth Observations
Data from satellites like GRACE can illuminate the human-environment nexus and help inform natural and environmental resource management decisions.