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  1. “Who is There That Doesn’t Calculate?” Homo Economicus as a Measuring Instrument in Non-Market Accounting.Oliver Schlaudt - 2021 - Perspectives on Science 29 (6):842-868.
    Contemporary approaches to “non-market accounting” depend critically on methods of “monetization,” i.e., determining prices for goods outside the market. Monetization constitutes a case of economic measurement in a narrow sense that has not yet been analyzed in the literature on measurement in economics. Monetization, I will argue, uses homo economicus—originally created as a model to explain existing prices—as a measuring device, one that generates new prices for goods that are not traded on markets. Homo economicus, though long contested in microeconomics, (...)
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  • Realms of Value: Conflicting Natural Resource Values and Incommensurability.Sarah Fleisher Trainor - 2006 - Environmental Values 15 (1):3-29.
    Divergent values are often at the heart of natural resource conflict. Using discord over the Grand Staircase-Escalante National Monument in southern Utah, U.S.A. as a case study, I propose that values are perceived as incommensurate because they reflect different realms, with which there exist distinct concepts of what it means to value and distinct, irreducible forms of value expression. I further argue that collaborative, discursive processes are one way to account for plural values in policy and decision making without requiring (...)
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  • Natura economica in Environmental Valuation.Katrine Soma - 2006 - Environmental Values 15 (1):31-50.
    Cost-benefit analysis is widely acknowledged to be an appropriate tool for providing advice to policy makers on the optimal use and management of natural resources. However, a great deal of research has indicated that the assumptions made in cost-benefit analysis concerning the natural environment diverge from real world observations. In this paper I discuss these observed divergences. To do so, I introduce the concept of Natura economica. Natura economica is the environment as it is understood in economic analysis in general, (...)
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  • Conceptions of Value in Environmental Decision-Making.John OʼNeill & Clive Spash - 2000 - Environmental Values 9 (4):521-536.
    Environmental problems have an ethical dimension. They are not just about the efficient use of resources. Justice in the distribution of environmental goods and burdens, fairness in the processes of environmental decision-making, the moral claims of future generations and non-humans, these and other ethical values inform the responses of citizens to environmental problems. How can these concerns enter into good policy-making processes?Two expert-based approaches are commonly advocated for incorporating ethical values into environmental decision-making. One is an 'economic capture' approach, according (...)
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  • (1 other version)Plural Values and Environmental Valuation.Wilfred Beckerman & Joanna Pasek - 1997 - Environmental Values 6 (1):65 - 86.
    The paper discusses some of the criticisms of contingent valuation (CV) and allied techniques for estimating the intensity of peoples' preferences for the environment. The weakness of orthodox utilitarian assumptions in economics concerning the commensurability of all items entering into peoples' choices is discussed. The concept of commensurability is explored as is the problem of rational choice between incommensurate alternatives. While the frequent claim that the environment has some unique moral intrinsic value is unsustainable, its preservation often raises ethical and (...)
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  • The Indifference Curve, Motivation, and Morality in Contingent Valuation.Rob Hart & Uwe Latacz-Lohmann - 2001 - Environmental Values 10 (2):225-242.
    Contingent valuation surveys have tended to yield results that seem to go contrary to what is standardly seen as 'rational choice'. We argue that some of the inconsistencies arise because bids for public environmental goods in contingent valuation surveys are often motivated by moral considerations and ethical beliefs. We analyse the expected results of CV surveys given the existence of such ethical motivations, including the valuation of actions as well as states. It is found that we cannot expect bids made (...)
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