The Contribution of Non-Use Values to Inform the Management of Groundwater Systems: The Rokua Esker, Northern Finland
Rokua in Northern Finland is a groundwater dependent ecosystem very sensitive to climate change and natural variability. As such, the water level of most of the lakes is a function of the level of the groundwater table of the esker which is naturally recharged. The management of an ecosystem like this is very challenging and complex because of the many associated use and non-use values. The scope of this study is to expose, apart from the use values, the nonmarket values attached to the ecosystems services of groundwater systems and reveal their importance. In particular, this chapter illustrates the contribution of stated preference methods to orient policy making and presents results from an application of a choice experiment and contingent valuation method regarding ground water quantity. General publicï¿½s elicited values highlight the importance of water management policy which contributes to the sustainability of groundwater dependent ecosystems. Importantly results highlight the need to broaden the policy options beyond the consideration of market and use values of groundwater systems. Instead these systems should be considered as part of the broader ecosystems and broader services considered in decision making.
|Date of creation:||Sep 2013|
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- Carson, Richard T & Groves, Theodore, 2010.
"Incentive and Information Properties of Preference Questions,"
University of California at San Diego, Economics Working Paper Series
qt88d8644g, Department of Economics, UC San Diego.
- Richard Carson & Theodore Groves, 2007. "Incentive and informational properties of preference questions," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 37(1), pages 181-210, May.
- Dan Ariely & George Loewenstein & Drazen Prelec, 2003. ""Coherent Arbitrariness": Stable Demand Curves Without Stable Preferences," The Quarterly Journal of Economics, MIT Press, vol. 118(1), pages 73-105, February.
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