The importance of ecosystem functions for humankind is well known. But only few attempts have been undertaken to estimate the economic value of these ecosystem services. In particular, indirect methods are rarely used, even though they are most suitable for the task. This discrepancy is because...

In this study we compare revealed and stated-preference approaches to value live-stock traits of cattle in Kenya. The premise is that much can be learnt about non-market values of indigenous animal genetic resources (AnGRs) from the use of multi-attribute stated-preference methods, if these...