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Introduction -- Theory and concepts of economic valuation -- Definitions, measures and ecological value of biodiversity -- Excursus : biodiversity value in environmental ethics -- State of the art in economic valuation of biodiversity -- Conceptual framework for economic valuation of...
Persistent link: https://www.econbiz.de/10011660577
Biodiversity is a highly complex and abstract ecological concept. Even though it is not one physical entity, it influences human well-being in multiple ways, mostly indirectly. While considerable research effort has been spent on the economic valuation of biodiversity, it remains to be a...
Persistent link: https://www.econbiz.de/10011263719
Biodiversity is an important environmental public good. However, the literature suggests that it is not clear how its economic value should be estimated; there is no established framework for doing this. This paper summarises concepts of biodiversity value from the ecological and economic...
Persistent link: https://www.econbiz.de/10011504676
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Persistent link: https://www.econbiz.de/10011998602
Existence value has been argued to be a significant part of the total economic value of some ecosystems. However, its compatibility with the welfare economic foundations of economic valuation is very limited - it is difficult to logically conceive of changes in existence. Moreover, when applied...
Persistent link: https://www.econbiz.de/10011635465