Economic Environmental Valuation: An Analysis of Limitations and Alternatives

Paul Knights, Jeroen Floris Admiraal, Ada Wossink, Prasenjit Banerjee, John O’Neill, Michael Scott

Research output: Book/ReportCommissioned report

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Abstract

The structure of this report is as follows. In Section 2 we introduce economic methods for environmental and biodiversity valuation, and in particular the total economic value model. Sections 3 through 7 will advance five distinct but related classes of criticisms of economic environmental valuation, and in each we will suggest the way in which alternative valuation methods contain the resources to help address those criticisms.
Original languageEnglish
Place of PublicationBrussels
PublisherSeventh Framework Programme
Number of pages69
Publication statusPublished - 15 Jul 2013

Publication series

NameBIOMOT project report, Project Full Name: MOTivational strength of ecosystem services and alternative ways to express the value of BIOdiversity
PublisherFP7-2011

Keywords

  • Total Economic Value, ecosystem sustainability, ethical values, value incommensurability, de re valuation,

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