"Decisions vs. Willingness-to-Pay in Social Choice"
Paul Anand compares use of willingness to pay values with multi-attribute utility as ways of modelling social choice problems in the environment.
Paul Anand compares use of willingness to pay values with multi-attribute utility as ways of modelling social choice problems in the environment.
Clive L. Spash presents a critical review of some recent research by social psychologists in the US attempting to explain stated behaviour in contingent valuation.
This paper addresses problems related to transferring market concepts to non-market domains.
In this paper, Bryan G. Norton and Anne C. Steinemann offer a new valuation approach which embodies the core principles of adaptive management, which is experimental, multi-scalar, and place-based.
Jonathan Aldred tests aspects of the claim that ocussing
cost-benefit analysis (CBA) is limited in scope, as some things cannot be meaningfully priced. He focuses on problems of incomparability and incommensurability, and compares CBA to rough equality.
James Lenman discusses cost-benefit analysis techniques.
In this paper, Maria Akerman focusses on the power/knowledge implications of the use of the concept, and I follow the career of the concept of natural capital in ecological economic publications between the years 1988 and 2000.
This essay explores three case studies that illustrate the exemplary use of economic analysis in environmental decision-making.
This analysis raises questions about the extent to which ecological economics has been able to influence real-world decisions and policy.
In this paper Michael S. Carolan looks at Michel Foucault and Fernand Braudel’s conception of how economy enters into nature.