What Do We Value Related to the Environment and Natural Resources? скачать в хорошем качестве

What Do We Value Related to the Environment and Natural Resources?

This lecture on Environmental Economics is for non-economists interested in socio-environmental science. It is one in a series of lectures by SESYNC visiting economists, Drs. Lisa Wainger and Doug Lipton. In this lecture, Dr. Doug Lipton discusses the array of services individuals value related to ecosystems: provisioning (food, fuel, etc.) regulating (climate regulation, water purification, etc.), and cultural (spiritual, educational, etc.). He says how much people value these services influences how economists measure them, using “use value” (market value, non-market value) or “non-use or passive-use value” (existence, altruistic, bequest, and option) methodologies. He argues that this type of valuation—measuring surpluses and willingness-to-pay minus what you pay—is the underpinning of today’s survey measurements. Using an example from the Exxon Valdez oil spill and its impacts, he describes how survey techniques that ask about values have been utilized in policy-making decisions.