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How Much is that Ecosystem in the Window? The One with the Bio-diverse Trail

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  • Clive L. Spash

Abstract

Ecosystems are increasingly 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 biologists. There then 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 rather than instantaneously stated preferences, concealed expert opinion and global cost-benefit analysis.

Suggested Citation

  • Clive L. Spash, 2008. "How Much is that Ecosystem in the Window? The One with the Bio-diverse Trail," Environmental Values, , vol. 17(2), pages 259-284, May.
    • Handle: RePEc:sae:envval:v:17:y:2008:i:2:p:259-284
    DOI: 10.3197/096327108X303882
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    1. E. K. Hunt & Ralph C. d’Arge, 1973. "On Lemmings and Other Acquisitive Animals: Propositions on Consumption," Journal of Economic Issues, Taylor & Francis Journals, vol. 7(2), pages 337-353, June.
    2. Vatn, Arild, 2005. "Rationality, institutions and environmental policy," Ecological Economics, Elsevier, vol. 55(2), pages 203-217, November.
    3. Maresova, Jana & Frynta, Daniel, 2008. "Noah's Ark is full of common species attractive to humans: The case of boid snakes in zoos," Ecological Economics, Elsevier, vol. 64(3), pages 554-558, January.
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    Cited by:

    1. Claudia E. Carter, 2024. "Reconnecting with the social-political and ecological-economic reality," Environmental Values, , vol. 33(2), pages 103-121, April.
    2. Clive L. Spash, 2024. "Exploring economic dimensions of social ecological crises: A reply to special issue papers," Environmental Values, , vol. 33(2), pages 216-245, April.
    3. Rachelle K. Gould & Austin Himes & Lea May Anderson & Paola Arias Arévalo & Mollie Chapman & Dominic Lenzi & Barbara Muraca & Marc Tadaki, 2024. "Building on Spash's critiques of monetary valuation to suggest ways forward for relational values research," Environmental Values, , vol. 33(2), pages 139-162, April.

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