Valuation and the Environment

Edited by Martin O’Connor, Professor of Economic Science, Université de Versailles–Saint Quentin en Yvelines, France and Clive L. Spash, Vienna University of Economics and Business, Austria

• Contents: 1. Introduction 2. Commensurability and Compensability in Ecological Economics 3. Sustainable Decision-Making 4. Environmental Protection 5. Valuation as Part of a Microeconomics for Ecological Sustainability 6. Cost–Effectiveness Analysis of Forest Biodiversity Enhancement 7. The Relevance of Economic Valuation for Species Conservation Policy 8. Willingness to Pay, Willingness to Accept 9. Assessing Public Preferences for the Conservation Quality of the British Coast 10. On Behavioural Intentions in the Case of the Saimaa Seal 11. Sustainable Development and Appraisal Methodology 12. Combining Economics, Ecology and Philosophy 13. Taking Non-Monetizable Impacts (NMIs) into Account in an Eco-Development Strategy 14. Towards an Integrated Understanding of Environmental Quality 15. Institutional Solutions for Sustainable Management of Global Genetic Resources – A Constitutional Economics Approach 16. International Environmental Issues

'The book will be worthwhile reading for those environmental and ecological economists who are interested in environmental valuation and its connections to sustainability issues. It will also be of interest to environmental policymakers, and would make a valuable supplementary source of readings for a course on sustainable development. Finally, the book is generally well edited and nicely laid out. . .'