Ecosystems Services Valuation
AbstractEcosystems are being characterised as goods and services to allow their valuation in monetary terms. This follows an orthodox economic approach to environmental values, but is also being undertaken by ecologists and conservation biologist. There appears a lack of clarity and debate as to the model of human behaviour, specific values and decision process being adopted. Arguments for ecosystems service valuation are critically appraised and the case for a model leading to value pluralism is presented. The outcome is to identify the need for value articulating processes which involve open deliberative judgment. In discussion of human motivations and judgement I make specific appeal to the works of philosopher Alan Holland.
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Bibliographic InfoPaper provided by CSIRO Sustainable Ecosystems in its series Socio-Economics and the Environment in Discussion (SEED) Working Paper Series with number 2008-03.
Length: 36 pages
Date of creation: Apr 2008
Date of revision:
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stated preferences; environmental values; judgment;
Find related papers by JEL classification:
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- D46 - Microeconomics - - Market Structure and Pricing - - - Value Theory
- D6 - Microeconomics - - Welfare Economics
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
- Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
This paper has been announced in the following NEP Reports:
- NEP-AGR-2008-05-05 (Agricultural Economics)
- NEP-ALL-2008-05-05 (All new papers)
- NEP-ENV-2008-05-05 (Environmental Economics)
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