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Abstract
This section provides basic guidance for using and conducting economic valuation, including criteria for judging whether valuation is appropriate for supporting decisions. It provides an introduction to the economic techniques used to measure changes in social welfare and describes which methods may be most appropriate for use in valuing particular ecosystem services. Rather than providing comprehensive valuation instructions,it directs readers to additional resources.More generally, it establishes that the valuation of ecosystem services is grounded in a long history of non-market valuation and discusses how ecosystem services valuation can be conducted within established economic theory and techniques.
| Publication type | Book chapter |
|---|---|
| Publication Subtype | Book Chapter |
| Title | Social impact analysis: monetary valuation |
| Year Published | 2014 |
| Language | English |
| Publisher | Duke Nicholas Institute |
| Contributing office(s) | Geosciences and Environmental Change Science Center |
| Larger Work Type | Book |
| Larger Work Title | Federal Resource Management and Ecosystem Services Guidebook |
| Online Only (Y/N) | N |
| Additional Online Files (Y/N) | N |
| Google Analytic Metrics | Metrics page |