John Vasil Krutilla (February 13, 1922 – June 27, 2003) was an American environmental economist, known for inventing the concept of existence value, the idea that undisturbed wilderness has economic value ("nonuse value"). According to Kenneth Arrow,

Krutilla was born in Tacoma, Washington; his parents were farmers who had immigrated there from Slovakia. After serving in the U.S. Coast Guard during World War II, he earned a bachelor's degree in economics from Reed College in 1949, a master's degree from Harvard University in 1951, and a Ph.D. from Harvard in 1952. He worked from 1952 to 1955 at the Tennessee Valley Authority, before going to Resources for the Future where he worked until his retirement in 1988.

John V. Krutilla

Krutilla is perhaps most famous for his essay, "Conservation Reconsidered," in which he coined the idea of Existence value.

John V. Krutilla

With Allen V. Kneese, he was the inaugural winner of the Volvo Environment Prize in 1990.

John V. Krutilla

References

Harvard University alumni

Reed College alumni

1922 births

2003 deaths

American people of Slovak descent

20th-century American economists

Environmental economists

Resources for the Future

United States Coast Guard personnel of World War II