Abstract
Environmental or ecosystem-related problems are in most cases highly complex in character. They are multi-dimensional and interdisciplinary and often involve a number of uncertainties and risks. In addition to monetary variables, such as financial costs, non-monetary variables are generally involved. Especially for the latter, the phenomena of irreversibilities, commitments and other forms of inertia are important features. Conservation of ecosystems or resources that are judged to be unique or otherwise of great value, exemplify this concern about irreversible non-monetary processes.
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Söderbaum, P. (1985). Economics, evaluation and environment. In: Hall, D.O., Myers, N., Margaris, N.S. (eds) Economics of ecosystems management. Tasks for vegetation science, vol 14. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-5502-8_2
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DOI: https://doi.org/10.1007/978-94-009-5502-8_2
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