Fatal flaws in UK Government's price of a life

The measurement by which the UK Government attaches a monetary value to saving a human life is invalid and should be overhauled, according to Professor of Risk Management at the University of Bristol, Philip Thomas.

The business of biodiversity: can we put a value on nature?

Nature provides people with everything from food and water to timber, textiles, medicinal resources and pollination of crops. Now, a new approach aims to measure exactly what a specific ecosystem supplies in order to incentivise ...

New global standard counts the cost of environmental damage

Environmental damage costs society enormous amounts of money—and often leaves future generations to foot the bill. Now, a new ISO standard will help companies valuate and manage the impact of their environmental damage, ...

Turning human waste into next generation biofuel

Researchers affiliated with Ulsan National Institute of Science and Technology (UNIST), South Korea, have found a new way to convert human waste into renewable energy sources.

Customers who binge-consume are more valuable

A study in Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS), shows that in contrast to traditional market segmentation, one based on "binge consumption" brings a ...

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