期刊
ECOLOGICAL ECONOMICS
卷 144, 期 -, 页码 65-72出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.ecolecon.2017.07.021
关键词
Non-market valuation; Cost benefit analysis; Individual welfare; Social welfare
资金
- Australian Government's National Environmental Science Program (Northern Australia Environmental Resources Hub [5.1, 5.3]
- James Cook University
- University of Lancaster
The valuation of ecosystem services to inform natural resource management and development has gained acceptance in many arenas. Yet, contemporary economic valuation is constrained to the appraisal of simple goods that generate benefits that accrue to individuals, neglecting complex goods that generate benefits that accrue to society more broadly. Methodological barriers to the valuation of complex social goods have led to their frequent omission from natural resource management deliberations. The prevailing valuation paradigm that focuses on simple individual goods may erode conservation efforts by crowding out the institutions and behaviours that support socially constructed ecosystem service values. Erosion of these values ultimately harms the environment and society as a whole. The institutionalisation of appropriate methods for estimating the value of complex social goods alongside existing methods for valuing simple individual goods within international conservation, development and policy making discourses, is therefore an important evolution for sustainable natural resource management (C) 2017 Elsevier B.V. All rights reserved.
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