Capital Asset Pricing for Nature with capN
Is now downloadable from CRAN
for calculating natural capital asset prices, developed by Seong Do Yun, with Eli Fenichel and Joshua Abbott. The installation folder also includes the user manual. A single asset data, based on Fenichel & Abbott 2014, and a simulated multi-asset data are included. A problem set is available on GitHub
The suggested citation is:
Yun, S., E. P. Fenichel, and J. K. Abbott, 2016, capn: Capital Asset Pricing for Nature (R package), http://environment.yale.edu/profile/eli-fenichel/software.
As capn is continually evolving, you may want to cite its version number. Find it with “help(package=capn)”.
Relevant reference are
Yun, S.D., Hutniczak, B., Abbott, J.K., Fenichel, E.P., 2017. Ecosystem based management and the wealth of ecosystems. Proceedings of the National Academy of Sciences, 114(25), 6539-6544.
Fenichel, E. P., and J. K. Abbott. 2014. Natural capital from metaphor to measurement. Journal of the Association of Environmental and Resource Economists 1:1-27.
Fenichel, E. P., J. K. Abbott, J. Bayham, W. Boone, E. M. K. Haacker, and L. Pfeiffer. 2016. Measuring the value of groundwater and other forms of natural capital. Proceedings of the National Academy of Sciences 113:2382–2387.