The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
On Measuring Economic Values for Nature
Open accessAbstract
This paper describes how economists ascribe values to the things people can choose. The economic value of an ecosystem function or service relates to the contribution it makes to human welfare, where human welfare is measured in terms of each individual's own assessment of well-being. After developing how this definition is used, the paper describes problems and opportunities for advancing the state-of-the-art in measuring economic values for nature. These arguments are developed using recent studies that attempted to estimate economic values for ecosystems on a global scale. One implication of this evaluation is that there is a need for greater communication between ecologists and economists. Economic analyses must reflect the intricate web of physical interrelationships linking activities that have harmful effects in one part of an ecosystem to the potential effects on other parts. At the same time, economic values for ecosystems accept consumer sovereignty and should be interpreted as descriptions of the tradeoffs involved in evaluating well-defined changes to specific ecosystems.
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Citations
Cites
The value of the world's ecosystem services and natural capital
Costanza, R., d'Arge, R., de Groot, R., Farber, S., Grasso, M., Hannon, B., Limburg, K., Naeem, S., O'Neill, R. V., Paruelo, J., et al. (1997) · Nature · doi:10.1038/387253a0 · Cited by 22,585
Cited by
Barton, J., & Pretty, J. (2010) · Environmental Science & Technology · doi:10.1021/es903183r · Cited by 1,592
Eutrophication of U.S. Freshwaters: Analysis of Potential Economic Damages
Dodds, W. K., Bouska, W. W., Eitzmann, J. L., Pilger, T. J., Pitts, K. L., Riley, A. J., Schloesser, J. T., & Thornbrugh, D. J. (2009) · Environmental Science & Technology · doi:10.1021/es801217q · Cited by 1,576
Global mapping of ecosystem services and conservation priorities
Naidoo, R., Balmford, A., Costanza, R., Fisher, B., Green, R. E., Lehner, B., Malcolm, T. R., & Ricketts, T. H. (2008) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.0707823105 · Cited by 1,048
Increasing corn for biofuel production reduces biocontrol services in agricultural landscapes
Landis, D. A., Gardiner, M. M., van der Werf, W., & Swinton, S. M. (2008) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.0804951106 · Cited by 390
Integrating ecology and economics in the study of ecosystem services: some lessons learned
Polasky, S., & Segerson, K. (2009) · Annual Review of Resource Economics · doi:10.1146/annurev.resource.050708.144110 · Cited by 192
Metadata
- Authors
- Bockstael, N. E., Freeman, A. M., Kopp, R. J., Portney, P. R., & Smith, V. K.
- Venue
- Environmental Science & Technology
- Publisher
- American Chemical Society (ACS)
- Published
- 2000-02-25
- Volume
- 34
- Issue
- 8
- Pages
- 1384-1389
- ISSN
- 0013-936X (ISSN-L)
- 1520-5851
- OpenAlex
- W2022293658
- Cited by
- 455
- References
- 1
- Type
- other
- Language
- en
- Open access
- bronze
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- CoChat. (2026). Citation check: On Measuring Economic Values for Nature. https://app.cochat.ai/papers/10.1021/es990673l
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- Bockstael, N. E., Freeman, A. M., Kopp, R. J., Portney, P. R., & Smith, V. K. (2000). On Measuring Economic Values for Nature. Environmental Science & Technology. https://doi.org/10.1021/es990673l
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
