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A Theoretical Approach to Deliberative Valuation: Aggregation by Mutual Consent

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  • Richard B. Howarth
  • Matthew A. Wilson

Abstract

In deliberative valuation, a small group of selected persons explores the values that should guide collective decisions through a process of reasoned discourse. Proponents argue that deliberative techniques enhance the effectiveness and perceived legitimacy of policy making by facilitating public participation. This paper outlines an approach to deliberative valuation that is grounded in democratic theory, social psychology, and cooperative game theory, emphasizing applications to the monetary valuation of environmental services. The analysis suggests that deliberative groups that employ consent-based choice rules may aggregate individual values in a manner that systematically departs from the additive aggregation procedures of standard cost-benefit analysis.

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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 82 (2006)
Issue (Month): 1 ()
Pages: 1-16

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Handle: RePEc:uwp:landec:v:82:y:2006:i:1:p:1-16

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Cited by:
  1. Munro, Alistair, 2007. "When is some number really better than no number? On the optimal choice between non-market valuation methods," MPRA Paper 8978, University Library of Munich, Germany.
  2. Nobuyuki Ito & Kenji Takeuchi & Koichi Kuriyama & Yasushi Shoji & Takahiro Tsuge & Yohei Mitani, 2008. "The influence of decision-making rules on individual preference for ecological restoration: Evidence from an experimental survey," Discussion Papers, Graduate School of Economics, Kobe University 0820, Graduate School of Economics, Kobe University.
  3. Gowdy, John & Rosser, J. Barkley & Roy, Loraine, 2013. "The evolution of hyperbolic discounting: Implications for truly social valuation of the future," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 90(S), pages S94-S104.
  4. Spash, Clive L., 2007. "Deliberative monetary valuation (DMV): Issues in combining economic and political processes to value environmental change," Ecological Economics, Elsevier, Elsevier, vol. 63(4), pages 690-699, September.
  5. Lo, Alex Y. & Spash, Clive L., 2011. "Articulation of Plural Values in Deliberative Monetary Valuation: Beyond Preference Economisation and Moralisation," MPRA Paper 30002, University Library of Munich, Germany.
  6. Christos Zografos & Richard B. Howarth, 2010. "Deliberative Ecological Economics for Sustainability Governance," Sustainability, MDPI, Open Access Journal, vol. 2(11), pages 3399-3417, October.
  7. Lo, Alex, 2014. "The Problem of Methodological Pluralism in Ecological Economics," MPRA Paper 49543, University Library of Munich, Germany.
  8. Randhir, Timothy & Shriver, Deborah M., 2009. "Deliberative valuation without prices: A multiattribute prioritization for watershed ecosystem management," Ecological Economics, Elsevier, Elsevier, vol. 68(12), pages 3042-3051, October.
  9. Demont, Matty & Rutsaert, Pieter & Ndour, Maimouna & Verbeke, Wim & Seck, Papa Abdoulaye & Tollens, Eric, 2012. "Experimental auctions, collective induction and choice shift: Willingness-to-pay for rice quality in Senegal," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil, International Association of Agricultural Economists 126861, International Association of Agricultural Economists.
  10. Shapansky, Bradford & Adamowicz, Wiktor L. & Boxall, Peter C., 2008. "Assessing information provision and respondent involvement effects on preferences," Ecological Economics, Elsevier, Elsevier, vol. 65(3), pages 626-635, April.
  11. Eneko Garmendia & Gonzalo Gamboa, 2012. "Weighting social preferences in participatory multi-criteria evaluations: a case study on sustainable natural resource management," Working Papers, BC3 2012-06, BC3.
  12. Liu, Shuang & Proctor, Wendy & Cook, David, 2010. "Using an integrated fuzzy set and deliberative multi-criteria evaluation approach to facilitate decision-making in invasive species management," Ecological Economics, Elsevier, Elsevier, vol. 69(12), pages 2374-2382, October.
  13. Kallis, Giorgos & Gómez-Baggethun, Erik & Zografos, Christos, 2013. "To value or not to value? That is not the question," Ecological Economics, Elsevier, Elsevier, vol. 94(C), pages 97-105.
  14. Zendehdel, Kamran & Rademaker, Michael & De Baets, Bernard & Van Huylenbroeck, Guido, 2008. "Increasing environmental sustainability by incorporating stakeholders' intensities of preferences into the policy formation," 2008 International Congress, August 26-29, 2008, Ghent, Belgium, European Association of Agricultural Economists 44206, European Association of Agricultural Economists.
  15. Zendehdel, Kamran & Rademaker, Michael & De Baets, Bernard & Van Huylenbroeck, Guido, 2008. "Qualitative valuation of environmental criteria through a group consensus based on stochastic dominance," Ecological Economics, Elsevier, Elsevier, vol. 67(2), pages 253-264, September.
  16. Vatn, Arild, 2009. "An institutional analysis of methods for environmental appraisal," Ecological Economics, Elsevier, Elsevier, vol. 68(8-9), pages 2207-2215, June.

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