Alternatives for Environmental Valuation

1st Edition

Michael Getzner, Clive Spash, Sigrid Stagl

Routledge
Published April 6, 2006
Reference - 10 Pages
ISBN 9780415406369 - CAT# RU06366
Series: Routledge Explorations in Environmental Economics

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Summary

Environmental cost-benefit analysis was developed by economists in the belief that monetary valuation of the environmental repercussions of economic activity is essential if the "environment " stands any chance of being included in government and business decisions.

This volume examines the limitations of this monetary approach, and considers the alternatives. Three broad angles from which to view environmental values are presented: applying social psychology concepts which challenge standard approaches; introducing multidimensional and non-monetary techniques; and examining vested interest group and citizen participation in processes of environmental valuation. Combinations of these approaches are also covered.

The contributions presented are a valuable resource for both environmental and ecological economists. This authoritative book will also prove useful for those with a general interest in the environment, including policy-makers and non-governmental organizations.

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