Non-market valuation of forest goods and services: Good practice guidelines

The European COST Action E45 on European Forest Externalities (EUROFOREX) participants developed a set of good practice guidelines for the non-market valuation of forests, elaborating on stated and revealed preference methodologies, as well as benefit transfer and meta-analytical procedures. This article presents a summary of the guidelines. (C) 2012 Department of Forest Economics, Swedish University of Agricultural Sciences. Umea. Published by Elsevier GmbH. All rights reserved.