Title :
A framework for multiphysics modeling of natural environments for valuation of privately owned ecosystem services
Author :
Comello, Stephen D. ; Lepech, Michael D.
Author_Institution :
Dept. of Civil & Environ. Eng., Stanford Univ., Stanford, CA, USA
Abstract :
Modeling of ecosystem services using a multiphysics approach shows promise in detailing the contribution and interaction of constituent underlying processes. Such detail is required to enable ecosystem service valuation based on functional substitutability, whereby the market value of an equivalent engineered system provides a basis of value amenable to international financial accounting norms. One multiphysics package - COMSOL Multiphysics - is used as part of a greater framework to value the ecosystem service of phosphorus removal from stormwater runoff via soil.
Keywords :
ecology; COMSOL multiphysics package; ecosystem service modeling; ecosystem service valuation; functional substitutability; multiphysics approach; phosphorus removal; privately owned ecosystem service; stormwater runoff; Biological system modeling; Cost accounting; Economics; Ecosystems; Load modeling; Mathematical model; Soil; Sustainability; ecosystem service; environmental economic valuation; life cycle assessment; multiphysics;
Conference_Titel :
Sustainable Systems and Technology (ISSST), 2011 IEEE International Symposium on
Conference_Location :
Chicago, IL
Print_ISBN :
978-1-61284-394-0
DOI :
10.1109/ISSST.2011.5936904
