This paper considers two problems in valuing the benefits of biodiversity protection. These are, firstly, that preferences for biodiversity protection may be lexicographic rather than utilitarian. The more individuals for whom this is true, the less is cost-benefit analysis validated as a means...

This paper is a review of nitrate pollution attributable to agriculture in the United Kingdom and its regulation policy. Nitrate policy is described and critically reviewed within a national and European context. This is a paper from the Ecological Economics discussion paper series edited by...

This paper looks at the growing concern over Greenhouse Gas emissions and the resulting human induced climate change. The background to a cost-benefit approach is sketched in terms of the scientific understanding and expected impacts. Then the theory behind a cost-benefit approach is explained...

Thi~ paper con~iders the nature of preferences for the preservation of biodiversity, and the extent to which individuab are well-informed about biodiversity. We present evidence that the elicitation of monetary bids to pay for biodiversity preservation, as required for cost-benefit analysis,...