Publication Details

Reference Category Journals
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Title (Primary) Informing biodiversity policy: the role of economic valuation, deliberative institutions and deliberative monetary valuation
Author Lienhoop, N.; Bartkowski, B.; Hansj├╝rgens, B.;
Journal Environmental Science & Policy
Year 2015
Department OEKON;
Volume 54
Language englisch;
POF III (all) T12;
Keywords Policy advice; Economic valuation methods; Deliberative approaches; Deliberative monetary valuation; Biodiversity; Ecosystem services
UFZ wide themes RU6;
Abstract In the past years, monetary valuation of changes to biodiversity and ecosystem services has received increased attention in the scientific community and in the policy arena. Regardless of the abundance of valuation methods, there seems to be a particular interest in obtaining monetary estimates via stated preference methods. While some experts regard these methods as useful means to recognise, demonstrate and integrate biodiversity concerns in policy design, others voice severe criticism and advocate the use of deliberative approaches to biodiversity valuation. In view of these debates, this paper outlines the rationale and characteristics of three valuation avenues: stated preference methods, deliberative institutions, and deliberative monetary valuation. We develop criteria that guide the selection of an appropriate valuation approach in different decision contexts and discuss the advantages and drawbacks of each approach against these criteria. The aim of the paper is to illuminate the portfolio of valuation methods available to guide policy design and to improve the applicability of these methods in practical biodiversity policies.
ID 15902
Persistent UFZ Identifier http://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=15902
Lienhoop, N., Bartkowski, B., Hansj├╝rgens, B. (2015):
Informing biodiversity policy: the role of economic valuation, deliberative institutions and deliberative monetary valuation
Environ. Sci. Policy 54 , 522 - 532