importance of a good or service; cost-benefit analysis; setting priorities for environmental policy; design of economic …

the production of the good to extract welfare measures for environmental change. When the environment affects the cost of …This chapter explores the theory and practice of measuring the economic costs and benefits of environmental changes … decision making to map the influence of environmental changes to changes in human welfare. The goal is to measure, by …

dimensions of environmental quality preclude the development of well functioning markets for these service flows, how are the … monetary values of changes in environmental quality to be measured? The past twenty to thirty years have seen the rapid … the principal economic techniques for estimating the benefits of environmental quality improvements when these …