The paper attempts to improve current understanding of the economic value of biodiversity. Instead of the prevailing approach of using only one indicator of biodiversity (typically, species richness) we provide evidence that it is possible to value changes in a number of attributes which...

In this paper, we use the choice experiment method to investigate public preferences over alternative management regimes for a top-level predator in UK moorlands, the Hen Harrier. These birds are at the centre of a conflict between moorland managers and conservation organisations. Illegal...

The paper aims at investigating the validity of benefit transfer in the case of transfers between countries highly heterogeneous in income, and demonstrates relative performance of different benefit transfer methods under these conditions. Lake water quality valuation studies were conducted in...

It is often argued that projects involving public good changes should be chosen on the basis of monetary valuation and cost–benefit analysis (CBA). However, CBA is not value-free. When used to measure welfare, it is based on highly controversial value judgements. When used to measure...

This paper explores whether expert judgements can be taken as a proxy for citizen preferences for determining investment strategies for public goods. As an illustration, we focus on the provision of Public Rights Of Way (PROW) by Local Government Authorities in England. These provide rights of...