The assessment of total economic value has become a pragmatic and popular approach in
nature valuation, yet criticisms have been raised. One major point of critique is that total …

While biodiversity loss is an ecological phenomenon, it also has further dimensions–
political, social and, last but not least, economic. From the economic perspective, the rapid …

Economic valuation mostly focuses on specific ecosystems, species or the services they
provide. The diversity within ecosystems is viewed as a valuation object less frequently. In …

Linking biophysical aspects of ecosystems with human benefits through the notion of
ecosystem services is essential to assess the trade-offs (ecological, socio-cultural, economic …

In the Total Economic Value (TEV) framework, ecosystems may generate output values (the
values generated in the current state of the ecosystem, for example food production, climate …

This book surveys and highlights the potential and limitations of an ecological-economic
analysis of biodiversity. Chapter 2 presents a definition of biodiversity and discusses …

Rational economic decisions regarding theconservation of biodiversity require the
considerationof all the benefits generated by this naturalresource. Recently a number of …

After 1992 many conservation biologists thought that the use of economic instruments would
be more effective to halt biodiversity loss than policies based on setting apart some natural …

The purpose of this special issue is to elucidate concepts of value and methods of valuation
that will assist in guiding human decisions vis-à-vis ecosystems. The concept of ecosystem …

This paper introduces and surveys ecological-economic analysis and valuation of
biodiversity. Furthermore, the notion and application of economic, monetary valuation of …