We argue that the literature concerning the valuation of non-market, spatially defined goods (such as those provided by the natural environment) is crucially deficient in two respects. First, it fails to employ a theoretically consistent structural model of utility to the separate and hence...

Understanding the economic value of nature and the services it provides to humanity has become increasingly important for local, national and global policy and decision making. However, problems arise in that it is difficult to obtain meaningful values for goods and services that ecosystems...

Understanding the economic value of nature and the services it provides to humanity has become increasingly important. In this paper we review the progress to date on both the necessary conceptual framework and empirical valuation studies required to bolster decision support systems targeted at...

The paper considers methodological issues pertinent to the economic assessment of ecosystem services. It is primarily written for a natural science audience however it also proposes a methodology which is intended to be of interest to economists charged with undertaking valuation work for...

Previous literature has found that politically conservative individuals express a lower willingness-to-pay (WTP) for environmental goods than left-wing supporters. Using data from three surveys valuing water we investigate the role of context by evaluating whether the means of provision (public...

The paper seeks to contribute to the expanding literature on ecosystem service assessment by considering its integration with economic analyses of such services. Focussing upon analyses for future orientated policy and decision making, we initially consider a single period during which...