| Título: | WHAT IS A WETLAND WORTH? CONCEPTS AND ISSUES IN ECONOMIC VALUATION |
| Autores: | Taff, Steven J. |
| Fecha: |
2001-09-17 2007-03-08 2001-09-17 2007-03-08 1992 |
| Publicador: | AgEcon |
| Fuente: |
 |
| Tipo: | Working or Discussion Paper |
| Tema: | Land Economics/Use |
| Descripción: | A wetland has no economic value in and of itself. Nor does it have a unique value, irrespective of context. Economic value is ascribed to a wetland by humans operating at a confluence of individual preferences, property rights, technological opportunities, and available resources. Such values are not generally reflected in market prices, a deficiency that can nonetheless addressed by competent economic analysis, using a variety of empirical techniques. The task is complicated by scientific information shortfalls, by ever-changing technologies and economies, and by evolving societal preferences--but it can be done. Economic valuations have been used in wetland priority rankings and in comparative investment analyses. |
| Idioma: |
English en |
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