Valuation of natural capital under uncertain substitutability
نویسندگان
چکیده
منابع مشابه
Social goals and the valuation of natural capital.
Valuation ultimately refers to the contribution of an item to meeting a specific goal or objective. Conventional economic valuation is based on the goal of allocative efficiency. But other social goals may be equally, if not more, important. For example, the goals of social fairness and ecological sustainability have been identified as being at least of the same level of importance as allocativ...
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ژورنال
عنوان ژورنال: Journal of Environmental Economics and Management
سال: 2019
ISSN: 0095-0696
DOI: 10.1016/j.jeem.2019.01.003