Publication Details |
| Category | Text Publication |
| Reference Category | Journals |
| DOI | 10.1016/j.ecoser.2016.02.008 |
| Title (Primary) | Value pluralism and economic valuation – defendable if well done |
| Author | Spangenberg, J.H.; Settele, J. |
| Journal | Ecosystem Services |
| Year | 2016 |
| Department | BZF; iDiv |
| Volume | 18 |
| Page From | 100 |
| Page To | 109 |
| Language | englisch |
| Keywords | Biodiversity; Axiology; Ecosystem services; Internalisation; Policy impact; Conditions for helpful monetisation |
| UFZ wide themes | RU1; |
| Abstract | Scientists talk of “ecosystem services” and their economic value when arguing for the conservation of biodiversity. The limits to this line of argumentation are analysed based on the philosophy of values (axiology), exploring different kinds of values and discussing which of them can be adequately described with economic methods. The three promises of economic valuation, raising awareness in polity, saving biodiversity by internalising external cost, and contributing to better decisions are assessed and turn out to be more than questionable. Finally, the niche is defined where economic valuation makes sense, taking into account the restrictions from the axiological and the economic analysis. |
| Persistent UFZ Identifier | https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=17206 |
| Spangenberg, J.H., Settele, J. (2016): Value pluralism and economic valuation – defendable if well done Ecosyst. Serv. 18 , 100 - 109 |
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