Limitations of Economic Valuation of Ecosystems


Valuation methods have been prominent in recent discussions because they are being used in legal efforts to protect and restore ecosystems (Portney1994). Such methods also seem to be a promising way to include ecological values when various public policies and projects are under consideration. Economic valuations may have quite perverse and pernicious… (More)
DOI: 10.1007/s100210000007


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