Quotation Spash, Clive L., Vatn, Arild. 2006. Transferring environmental value estimates: Issues and alternatives. Ecological Economics 60 (2), 379-388.


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Abstract

Environmental value transfer needs to be understood in the context of scientific information use in general. This provides a different perspective upon the reasons why benefit transfer in particular appears so controversial and raises concerns over the limited types of validity testing being undertaken by those supporting such applications as ecosystem services valuation. Another key issue, which we emphasise, is the unintentional challenge to standard economic theory raised by the models used to conduct value transfers. Existing value transfer practice reveals the need for a more inclusive approach if environmental values are to be addressed. We argue that there are robust alternative means for including multiple environmental values in decision processes, these cannot be dismissed out of hand, and analysts should be expanding their understanding of the available approaches which include attitude and norm measures, multi-criteria analysis and participatory deliberative institutions.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Ecological Economics
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, STRAT-B, VW-C, WH-B
Language English
Title Transferring environmental value estimates: Issues and alternatives
Volume 60
Number 2
Year 2006
Page from 379
Page to 388
URL http://dx.doi.org/10.1016/j.ecolecon.2006.06.010
DOI http://dx.doi.org/10.1016/j.ecolecon.2006.06.010

Associations

People
Spash, Clive L. (Details)
External
Vatn, Arild
Organization
Institute for Multi-Level Governance and Development IN (Details)
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