In many countries environmental policies and regulations are implemented to improve environmental quality and thus … individuals’ well-being. However, how do individuals value the environment? In this paper, we review the Life Satisfaction …. Micro-econometric life satisfaction functions are estimated taking into account environmental conditions along with income …

projects with environmental consequences. The standard approach typically neglects that ecosystem services are not easily … apply differentiated discount rates, such as a lower environmental discount rate, or account for increases in relative … scarcity by uplifting environmental values. Some governments already integrate this into their guidance, but empirical evidence …