Economic valuation and the natural world (English)

Economic valuation is controversial largely because its purpose has not been clearly conveyed to non-economists. The purpose of valuation of the natural world is to elicit measures of human preferences for, or against, environmental change. As a procedure, it thus faces two immediate limitations. First, economic values are not the same as intrinsic values - values in things rather than values of things. Economic valuation makes no claim to measure...
See More

DETAILS

See More

DOWNLOADS

COMPLETE REPORT

Official version of document (may contain signatures, etc)

  • Official PDF

  • TXT*

  • Total Downloads** : 6932

  • Download Stats

  • *The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.

Citation

Pearce, David.

Economic valuation and the natural world (English). Policy, Research working papers ; no. WPS 988. World development report Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/721891468764692718

SUBSCRIBE TO EMAIL ALERTS

This document is being processed or is not available.