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What can deliberative approaches bring to the monetary valuation of ecosystem services? A literature review

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  • Bunse, Lukas
  • Rendon, Olivia
  • Luque, Sandra

Abstract

In response to extensive criticism of the monetary valuation of ecosystem services deliberative monetary valuation (DMV) has been proposed as an improved approach that combines the benefits of deliberative decision-making with the advantages of monetary values. In this study the body of literature that has developed in the field of deliberative monetary valuation is reviewed to assess the potential advantages and challenges that this approach can bring to the valuation of ecosystem services. The studies reviewed present a range of approaches to DMV based on different paradigms and methods. While studies that implemented DMV were primarily concerned with improving monetary values within the neoclassical economic paradigm, proposals for DMV in theoretical papers are challenging this paradigm and stress the potential for DMV to produce more democratic and equitable values. It was found that DMV still faces large practical and theoretical challenges, most notably the lack of a theoretical base for the interpretation of the monetary values produced. Before these challenges are addressed it is early days to assess the usefulness of DMV for the valuation of ecosystem services.

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  • Bunse, Lukas & Rendon, Olivia & Luque, Sandra, 2015. "What can deliberative approaches bring to the monetary valuation of ecosystem services? A literature review," Ecosystem Services, Elsevier, vol. 14(C), pages 88-97.
  • Handle: RePEc:eee:ecoser:v:14:y:2015:i:c:p:88-97
    DOI: 10.1016/j.ecoser.2015.05.004
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    1. Pascua, Pua‘ala & McMillen, Heather & Ticktin, Tamara & Vaughan, Mehana & Winter, Kawika B., 2017. "Beyond services: A process and framework to incorporate cultural, genealogical, place-based, and indigenous relationships in ecosystem service assessments," Ecosystem Services, Elsevier, vol. 26(PB), pages 465-475.
    2. Kenter, Jasper O. & Reed, Mark S. & Fazey, Ioan, 2016. "The Deliberative Value Formation model," Ecosystem Services, Elsevier, vol. 21(PB), pages 194-207.
    3. Kenter, Jasper O. & Bryce, Rosalind & Christie, Michael & Cooper, Nigel & Hockley, Neal & Irvine, Katherine N. & Fazey, Ioan & O’Brien, Liz & Orchard-Webb, Johanne & Ravenscroft, Neil & Raymond, Chr, 2016. "Shared values and deliberative valuation: Future directions," Ecosystem Services, Elsevier, vol. 21(PB), pages 358-371.
    4. Orchard-Webb, Johanne & Kenter, Jasper O. & Bryce, Ros & Church, Andrew, 2016. "Deliberative Democratic Monetary Valuation to implement the Ecosystem Approach," Ecosystem Services, Elsevier, vol. 21(PB), pages 308-318.
    5. Fei, Li & Shuwen, Zhang & Jiuchun, Yang & Liping, Chang & Haijuan, Yang & Kun, Bu, 2018. "Effects of land use change on ecosystem services value in West Jilin since the reform and opening of China," Ecosystem Services, Elsevier, vol. 31(PA), pages 12-20.
    6. Schaafsma, M. & van Beukering, P.J.H. & Oskolokaite, I., 2017. "Combining focus group discussions and choice experiments for economic valuation of peatland restoration: A case study in Central Kalimantan, Indonesia," Ecosystem Services, Elsevier, vol. 27(PA), pages 150-160.
    7. Meinard, Yves & Remy, Alice & Schmid, Bernhard, 2017. "Measuring Impartial Preference for Biodiversity," Ecological Economics, Elsevier, vol. 132(C), pages 45-54.
    8. Kenter, Jasper O. & Jobstvogt, Niels & Watson, Verity & Irvine, Katherine N. & Christie, Michael & Bryce, Ros, 2016. "The impact of information, value-deliberation and group-based decision-making on values for ecosystem services: Integrating deliberative monetary valuation and storytelling," Ecosystem Services, Elsevier, vol. 21(PB), pages 270-290.
    9. Kenter, Jasper O., 2016. "Integrating deliberative monetary valuation, systems modelling and participatory mapping to assess shared values of ecosystem services," Ecosystem Services, Elsevier, vol. 21(PB), pages 291-307.
    10. Marcus Kieslish & Jean-Michel Salles, 2018. "Preferences for ecosystems service bundles in changing landscapes : deliberative valuation in the Cevennes, France," Post-Print hal-02100049, HAL.
    11. Bartkowski, Bartosz & Lienhoop, Nele, 2018. "Beyond Rationality, Towards Reasonableness: Enriching the Theoretical Foundation of Deliberative Monetary Valuation," Ecological Economics, Elsevier, vol. 143(C), pages 97-104.
    12. Grainger, Daniel & Stoeckl, Natalie, 2019. "The importance of social learning for non-market valuation," Ecological Economics, Elsevier, vol. 164(C), pages 1-1.
    13. Mayer, Marius & Woltering, Manuel, 2018. "Assessing and valuing the recreational ecosystem services of Germany’s national parks using travel cost models," Ecosystem Services, Elsevier, vol. 31(PC), pages 371-386.
    14. Bartkowski, Bartosz, 2017. "Are diverse ecosystems more valuable? Economic value of biodiversity as result of uncertainty and spatial interactions in ecosystem service provision," Ecosystem Services, Elsevier, vol. 24(C), pages 50-57.

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