In recent decades conservation advocates have often emphasized the contributions of ecosystem services to the production of other products. A demonstration of the value of ecosystems as inputs into production would motivate their conservation. Such arguments often offer the observation that...

This short working paper summarizes ecosystem service economic valuation methods. The paper begins with an introduction to ecosystem services, and then describes the various methods that can be used to value them. An extensive literature review was carried out, illustrating those ecosystem...

Using a choice experiment survey this study examines the UK public's willingness to pay to conserve insect pollinators in relation to the levels of two pollination service benefits: maintaining local produce supplies and the aesthetic benefits of diverse wildflower assemblages. Willingness to...

Lake Hume is a significant water storage located at the headwaters of the River Murray. It provides irrigation water, urban water supplies, flood mitigation and recreational benefits to a large and economically significant region. Water quality in Lake Hume has recently been the subject of...

The non-market component of forest standing value is considered by many to exceed the value of market goods from the forest, but this part of forest standing value is usually omitted from economic models that are used to determine the optimal forest rotation. These models therefore produce...

Presently, implementing the 2001 Federal Wildland Fire Management Policy, which requires fire management priorities to be set on the basis of maximising the market and non-market values to be conserved or enhanced, is extremely challenging because those charged with implementing the policy have...

New Zealand's biodiversity consists of over 80,000 types of native plants, animals and fungi, a considerable number of which are indigenous and located on private property. To preserve and enhance native biodiversity and discourage activities that may deplete it, economic values can be...

Protected undeveloped areas are an important tool for land conservation in developing nations. Efficient land allocation decisions and resource management requires knowledge of non-market benefits. Using travel cost and contingent valuation data from on-site interviews and secondary data on...