The contingent valuation method (CVM) is a simple, flexible nonmarket valuation method
that is widely used in cost–benefit analysis and environmental impact assessment. However …

This paper reviews the principal policy-related issues for which the professions of ecology
and economics provide conflicting prescriptions. Emphasis is placed on the work of the …

Human well-being relies critically on ecosystem services provided by nature. Examples
include water and air quality regulation, nutrient cycling and decomposition, plant pollination …

A minimum necessary condition for sustainability is the maintenance of the total natural
capital stock at or above the current level. While a lower stock of natural capital may be …

Economists and others have long believed that by balancing the costs of such public goods
as air quality and wilderness areas against their benefits, informed policy choices can be …

How can countries safeguard natural resources for future generations as they strive to
reduce poverty with economic growthNULL Environmental Economics and Sustainable …

The range of resource value concepts recognized by economists has been considerably
expanded. Traditionally, it was those values recorded from exchange of resource …

This new edition of The Economics of Tourism reflects the tremendous changes that have
occurred in the tourism sector in the last twelve years. It recognizes that the nature of tourism …

Whilst biophysical, and increasingly economic, values are often used to define high priority
hotspots in planning for conservation and environmental management, community values …

Contingent valuation methods (CVM) have been shown to be potentially very useful for
eliciting information about demands for non-market goods. We assess the sensitivity of …