Deliberative Monetary Valuation (DMV) in Practice
Economists concerned with validity, defined internally to the profession, are combining stated preference methods with participatory deliberation to address on-going criticism. DMV uses formal methods of deliberation to express values for environmental change in monetary terms. However, the results have begun to define different realms of value, reflecting pluralism in public concern over environmental change. Reviewing empirical DMV studies evidences a range of issues regarded as external to economics and the validity of its methods, issues which are typically kept at arms length by economists namely, multiple values, incommensurability and lexicographic preferences, social justice, fairness, and non-human values.
|Date of creation:||May 2007|
|Contact details of provider:|| Postal: Gungahlin Homestead, GPO Box 284, Canberra City, ACT 2601|
Phone: (02) 6242 1600
Fax: (02) 6242 1555
Web page: http://www.csiro.au/org/cse
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cse:wpaper:2007-04. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CSE-Webrequest)
If references are entirely missing, you can add them using this form.