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Siegfried von Ciriacy-Wantrup

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(Redirected from S.V. Ciriacy-Wantrup) American economist
Siegfried von Ciriacy-Wantrup
Born1906 Edit this on Wikidata
Langenberg, Germany
Died1980
Alma mater
Awards

Siegfried von Ciriacy-Wantrup was a German academic. Born in Langenberg, Germany in 1906. After doing his master's work in Illinois, he returned to Bonn to get his Ph.D. in 1931. In 1936, he left Nazi Germany for the United States, arriving at UC Berkeley and the Department of Agricultural and Resource Economics in 1938.

Wantrup did early work on natural resource management, contributing important concepts related to resource economics and policy. Wantrup derived criteria for sustainability that included the "Safe Minimum Standard" (the threshold below which loss is catastrophic), irreversibility, and unknown future probability (Option Value). He also wrote on "Common Property" and the "Extramarket Values" of collective goods.

He died in 1980 at the Men's Faculty Club.

Academic work

Career highlights:

  • Fellow National Academy, IAS, AAAS, AAEA, Rockefeller, Guggenheim
  • 1952 classic text "Resource Conservation"
  • Testified and shaped state and federal conservation policy
  • International work on marine resources and other areas
  • Studies of Tule Elk, California Condor, Marine Mammals

As early as 1938 he addressed the idea of "permanency of destructive exploitation" in his article "Economic Aspects of Land Conservation." In his main work, Resource Conservation, Economics and Policies (1952), he introduced the idea that natural resources should not be allowed to decline below a "safe minimum standard of conservation" beyond which their availability would become economically irreversible. This idea was later expanded on by others, including Richard C. Bishop. Wantrup's idea of a safe minimum standard or base level for each flow resource provides an economic rationale for biodiversity conservation which can be applied internationally.

Of particular interest is Wantrup's notion of three decision levels: At the highest level is basic law (e.g., the constitution), which affects the second-level decisions on how to form institutions (e.g., water organizations). These institutions—in turn—affect third-level decisions of how to allocate water (e.g., among crops or within an urban sector). Wantrup points out that economists who critique decisions at the third level are perhaps missing the importance of constraints or influence coming from the second level. His critique, which dates from the 1960s, is still relevant—economists still spend most of their time on optimal decisions without taking institutions into account. In taking his institutional approach, Wantrup discussed and integrated common property, the impacts of tenure rights on conservation, the Precautionary Principle, conservation land use planning, and the importance of endangered species and biodiversity.

Legacy

Ciriacy-Wantrup left a sizable bequest to the University of California that is used to fund the "S.V. Ciriacy-Wantrup Postdoctoral Fellowships in Natural Resource Economics and Political Economy," which are awarded according to the following criteria:

For the purposes of this fellowship, natural resources are defined broadly to include environmental resources. The fellowship encourages, but is not limited to, policy-oriented research. Applications are open to scholars from any social science discipline, and related professional fields such as law and planning, who will make significant contributions to research on natural resource economics broadly defined. Preference will be given to proposals whose orientation is broadly institutional and/or historical, and which are conceptually and theoretically innovative.

Four postdoctoral fellowships are awarded each year, for one year with an option to renew (nearly automatic approval) for a second year. Visiting Research Fellowships are awarded for a single year only to academics with PhDs awarded no more than ten years in the past.

The Land Trust of Napa County manages the Wantrup Wildlife Sanctuary that was established in 1982. It is a 730-acre (3.0 km) oak woodland preserve in Pope Valley where oak reforestation studies and graduate research takes place.

See also

Notes

  1. Andersen, Stephen O. (9 April 2019). "Biographical sketch". In Bishop, Richard C.; Andersen, Stephen O. (eds.). Natural Resource Economics: Selected Papers. S. V. Ciriacy-Wantrup. Routledge. ISBN 978-0-429-71777-2.
  2. Siegfried Von Ciriacy-Wantrup, Agricultural Economics: Berkeley, Online Archive of California, retrieved 2008-05-18
  3. ^ Brown, Gardner M.; Smith, V. Kerry; Munro, Gordon R.; Bishop, Richard (2016). "Early Pioneers in Natural Resource Economics". Annual Review of Resource Economics. 8: 25–42. doi:10.1146/annurev-resource-100815-095243. ISSN 1941-1340. Retrieved 27 March 2023.
  4. Zückert, Hartmut. "The Commons – A Historical Concept of Property Rights". The Wealth of the Commons. Retrieved 27 March 2023.
  5. Bishop, Richard C. (9 April 2019). "Introduction". In Bishop, Richard C.; Andersen, Stephen O. (eds.). Natural Resource Economics: Selected Papers. S. V. Ciriacy-Wantrup. Routledge. ISBN 978-0-429-71777-2.
  6. Vaughn, Gerald F. (1997). "Profile: Siegfried Von Ciriacy-Wantrup and His Safe Minimum Standard of Conservation". Choices. 12 (4): 30–33. ISSN 0886-5558. JSTOR 43655606. Retrieved 27 March 2023.
  7. Bishop, Richard C. (1978). "Endangered Species and Uncertainty: The Economics of a Safe Minimum Standard". American Journal of Agricultural Economics. 60 (1): 10–18. doi:10.2307/1240156. ISSN 0002-9092. JSTOR 1240156. Retrieved 27 March 2023.
  8. Randall, Alan (14 July 2014). "4. Human Preferences, Economics, and the Preservation of Species". The Preservation of Species. Princeton University Press. pp. 79–109. doi:10.1515/9781400857869.79. ISBN 978-1-4008-5786-9.
  9. Ciriacy-Wantrup Postdoctoral Fellowships
  10. Wantrup Wildlife Sanctuary

Publications

Ciriacy-Wantrup on google scholar

  • Ciriacy-Wantrup, S-V (1938), Agrarkrisen und Stockungspannen, Berlin: Verlagsanstalt Paul Parey
  • Ciriacy-Wantrup, S-V (1944), "Taxation and the Conservation of Resources", Quarterly Journal of Economics, 58 (2): 157–195, doi:10.2307/1883316, JSTOR 1883316
  • Ciriacy-Wantrup, S-V (1961), "Conservation and Resource Programming", Land Economics, 37 (2): 105–111, doi:10.2307/3159555, JSTOR 3159555
  • Ciriacy-Wantrup, S-V (1961), "Projections of Water Requirements in the Economics of Water Policy", Journal of Farm Economics, 43 (2): 197–214, doi:10.2307/1235779, JSTOR 1235779
  • Ciriacy-Wantrup, S-V (1961), "Water Quality, a Problem for the Economist", Journal of Farm Economics, 43 (5): 1133–1144, doi:10.2307/1235561, JSTOR 1235561
  • Ciriacy-Wantrup, S-V (1967), "Water Policy and Economic Optimizing: Some Conceptual Problems in Water Research", American Economic Review, 57 (2): 179–189
  • Ciriacy-Wantrup, S-V (1969), "Natural Resources in Economic Growth: The Role of Institutions and Policies" (PDF), American Journal of Agricultural Economics, 51 (5): 1314–1324, doi:10.2307/1238009, JSTOR 1238009
  • Ciriacy-Wantrup, S-V (1971), "The Economics of Environmental Policy", Land Economics, 47 (1): 36–45, doi:10.2307/3144965, JSTOR 3144965
  • Richard C. Bishop and Stephen O. Andersen (Eds.) (1985), Natural Resource Economics : Selected Papers, S.V. Ciriacy-Wantrup, Westview Press
  • Siegfried von Ciriacy-Wantrup (dir.) (1967). Natural Resources: Quality and Quantity, University of California Press (Berkeley) : viii + 217 p.
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