Kontoleōn, Andreas; Macrory, Richard; Swanson, Timothy M. - In: An introduction to the law and economics of …, (pp. 177-214). 2002
The paper focuses on the question of the extent to which individual preference-based values are suitable in guiding environmental policy and damage assessment decisions. Three criteria for “suitableness” are reviewed: conceptual, moral and legal. Their discussion suggests that: (i) the...