Exchange rate between scientific currencies - An application to the landuse plan of natura 2000
Science is driven by research funds, research funds are associated with decision making, and decision making is attached to valuation. Therefore every scientific paradigm tend to devise its own valuation system. Ecconomists prefer cost benefit analysis where everything can be translated into money. Planners assume values to infinity which lines in a map difining restrictions and enforceable land uses. Ecologists design maps with values for biodiversity. Historians value things according to their age. And engineers enjoy the mathematical control over multicriteria analysis. Anyway, concerning spatial planinng, most of the time there is a line on a map, assumed by polititions and experts and more or less respected by stakeholders. Along this line the total value of alternative uses must be the same. And the total value assumes all the infomation values provided by economists, ecologists, planners, engineers and historians. Because a line has many points it is possible to estimate the exchange rate function between all these different scientific currencies and derive the total economic value of different land uses.
References listed on IDEAS
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.:
- Farber, Stephen C. & Costanza, Robert & Wilson, Matthew A., 2002. "Economic and ecological concepts for valuing ecosystem services," Ecological Economics, Elsevier, vol. 41(3), pages 375-392, June.
- Nunes, Paulo A. L. D. & van den Bergh, Jeroen C. J. M., 2001. "Economic valuation of biodiversity: sense or nonsense?," Ecological Economics, Elsevier, vol. 39(2), pages 203-222, November.
- Limburg, Karin E. & O'Neill, Robert V. & Costanza, Robert & Farber, Stephen, 2002. "Complex systems and valuation," Ecological Economics, Elsevier, vol. 41(3), pages 409-420, June.
When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa05p254. 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: (Gunther Maier)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.