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Full-Text Articles in Social and Behavioral Sciences

Exploring Perspectives Of The Validity, Legitimacy And Acceptability Of Environmental Valuation Using Q Methodology, Rob Tinch, Isaac Ankamah-Yeboah, Claire Armstrong Jan 2022

Exploring Perspectives Of The Validity, Legitimacy And Acceptability Of Environmental Valuation Using Q Methodology, Rob Tinch, Isaac Ankamah-Yeboah, Claire Armstrong

Journal of Ocean and Coastal Economics

The extension of market systems and economic appraisal methods to the natural world and allocation of scarce resources is highly controversial and viewed by some as unethical. This has resulted in questions about the appropriate role of valuation and appraisal methods in informing policy and decision-making. We address this issue by assessing the different points of view that exist in marine research, management and policy communities regarding the estimation of monetary values for marine ecosystems and services and their use in appraisal and policy settings. The principal perspectives emerging from a Q-sort survey of x respondents reveal a clear distinction …


Prospects For Valuation In Marine Decision Making In Europe, Rob Tinch, Stephen Hynes, Claire Armstrong, Wenting Chen Jan 2022

Prospects For Valuation In Marine Decision Making In Europe, Rob Tinch, Stephen Hynes, Claire Armstrong, Wenting Chen

Journal of Ocean and Coastal Economics

There is now high-level recognition that the UN Sustainable Development Goals can only be achieved if the decline of ecosystems and biodiversity can be halted and reversed. This will require effective control of ongoing pressures, meaningful protection and enforcement of protected areas, and significant investments in ecosystem restoration. This paper explores the possible use of economic valuation and appraisal in achieving these goals in marine systems and discusses the European marine policy instruments where they should have an important role The paper first briefly reviews the tools of economic valuation and appraisal for marine ecosystem management. A critique of the …


The Hedonic Method Of Valuing Environmental Policies And Quality, Philip E. Graves Jan 2013

The Hedonic Method Of Valuing Environmental Policies And Quality, Philip E. Graves

PHILIP E GRAVES

Benefit-cost analysts attempt to compare two states of the world, the status quo and a state in which a policy having benefits and costs is being contemplated. For environmental policies, this comparison is greatly complicated by the difficulty in inferring the values that individuals place on an increment to environmental quality. Unlike ordinary private goods, environmental goods are not directly exchanged in markets with observable prices. In this chapter, the hedonic approach to inferring the benefits of an environmental policy is examined.


Environmental Valuation: The Sum Of Specific Damages Approach, Philip E. Graves Jan 2010

Environmental Valuation: The Sum Of Specific Damages Approach, Philip E. Graves

PHILIP E GRAVES

There is no abstract for this book chapter.


The Hedonic Method: Value Of Statistical Life, Wage Compensation Property Value Compensation, Philip E. Graves Jan 2010

The Hedonic Method: Value Of Statistical Life, Wage Compensation Property Value Compensation, Philip E. Graves

PHILIP E GRAVES

There is no abstract for this book chapter.