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Ecosystems Services Valuation

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  • Spash, Clive L.

Abstract

Ecosystems 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.

Suggested Citation

  • Spash, Clive L., 2008. "Ecosystems Services Valuation," MPRA Paper 101233, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:101233
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Ecosystems; Economic valuation; Environmental values; Biodiversity; Conservation; Deliberation; Value pluralism; Preferences; Cost-benefit analysis; Public policy; Ethics;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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