"The worth of a wildflower" Precautionary perspectives on the environmental risk of GMOs
How much is a wildflower worth? Inspired by "The worth of a songbird" by Funtowicz and Ravetz (1994) we use the value of a wildflower as symbol of the complexity of evaluating environmental qualities and risks. We critically discuss the application of cost-benefit analysis in evaluating environmental impacts of adoption of genetically modified organisms (GMOs). We argue that cost-benefit analysis should be supplemented with other methods, such as processes for assessing uncertainty, accommodation of scientific disagreements, and integration of stakeholders' interests and perspectives. A more inclusive perspective is to develop precautionary approaches that recognize the multidimensional nature of environmental qualities and risks, such as irreplaceability, irreversibility, uncertainty and complexity. Precautionary approaches can contribute to develop a stronger environmental responsibility within the framework of rational self-interest.
|Date of creation:||Sep 2006|
|Date of revision:|
|Contact details of provider:|| Postal: P.O.Box 8131 Dep, N-0033 Oslo, Norway|
Phone: (+47) 21 09 00 00
Fax: (+47) 21 09 49 73
Web page: http://www.ssb.no/en/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Nick Hanley & Clive Spash & Lorna Walker, 1995.
"Problems in valuing the benefits of biodiversity protection,"
Environmental & Resource Economics,
European Association of Environmental and Resource Economists, vol. 5(3), pages 249-272, April.
- Nick Hanley & Clive Spash & Lorna Walker, 1994. "Problems in Valuing the Benefits of Biodiversity Protection," Working Papers Series 94/8, University of Stirling, Division of Economics.
- Dietmar Harhoff & Pierre Régibeau & Katharine Rockett, 2001.
"Some simple economics of GM food,"
CEPR;CES;MSH, vol. 16(33), pages 263-299, October.
- Small, Bruce & Jollands, Nigel, 2006. "Technology and ecological economics: Promethean technology, Pandorian potential," Ecological Economics, Elsevier, vol. 56(3), pages 343-358, March.
- Batie, Sandra S. & Ervin, David E., 2001. "Transgenic crops and the environment: missing markets and public roles," Environment and Development Economics, Cambridge University Press, vol. 6(04), pages 435-457, October.
- Noussair, C. & Robin, S. & Ruffieux, B., 2001.
"Do Consumers Not Care about Biotech Foods or Do They Just Not Read the Labels?,"
Purdue University Economics Working Papers
1142, Purdue University, Department of Economics.
- Noussair, Charles & Robin, Stephane & Ruffieux, Bernard, 2002. "Do consumers not care about biotech foods or do they just not read the labels?," Economics Letters, Elsevier, vol. 75(1), pages 47-53, March.
- Christie, Mike & Hanley, Nick & Warren, John & Murphy, Kevin & Wright, Robert & Hyde, Tony, 2006. "Valuing the diversity of biodiversity," Ecological Economics, Elsevier, vol. 58(2), pages 304-317, June.
- Munda, G. & Nijkamp, P. & Rietveld, P., 1994. "Qualitative multicriteria evaluation for environmental management," Ecological Economics, Elsevier, vol. 10(2), pages 97-112, July.
- Nyborg, Karine, 2000. "Homo Economicus and Homo Politicus: interpretation and aggregation of environmental values," Journal of Economic Behavior & Organization, Elsevier, vol. 42(3), pages 305-322, July.
- Goodin, Robert E, 1994. "Selling Environmental Indulgences," Kyklos, Wiley Blackwell, vol. 47(4), pages 573-96.
- Becker, Christian & Faber, Malte & Hertel, Kirsten & Manstetten, Reiner, 2005. "Malthus vs. Wordsworth: Perspectives on humankind, nature and economy. A contribution to the history and the foundations of ecological economics," Ecological Economics, Elsevier, vol. 53(3), pages 299-310, May.
When requesting a correction, please mention this item's handle: RePEc:ssb:dispap:476. 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: (J Bruusgaard)
If references are entirely missing, you can add them using this form.