Regulating and supporting services and disservices: customary approaches to valuation, and a few surprising case-study results

@article{Price2014RegulatingAS,
  title={Regulating and supporting services and disservices: customary approaches to valuation, and a few surprising case-study results},
  author={Colin Price},
  journal={New Zealand Journal of Forestry Science},
  year={2014},
  volume={44},
  pages={1-10}
}
For economists, what matters is not how ecosystem services are classified, but what change in human well-being results from increasing, reducing or qualitatively varying their supply. Eight general approaches are available for valuing non-market effects: marketable benefits may be generated or lost elsewhere in the economy; costs may be imposed or… CONTINUE READING