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Valuation in the environmental policy process

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Abstract

Expert valuation, a process used to determine how much stakeholders value eco-system aspects, places experts as intermediaries for public-preference input into the environmental policy process. While the rise and refinement of expert valuation might capture ecosystem values more comprehensively, two dilemmas are also worth of consideration: (1) will expert valuation and benefit cost analysis supplant democratic expression; and (2) will refinement of expert valuation still leave the ecosystem under valued? This article reorients the current problem from focusing on the need to refine methods to capture more ecosystem benefits to consider how valuation can contribute to a set of more democratic processes that allow the public to contribute to and consider a broader range of policy options.

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Ascher, W., Steelman, T. Valuation in the environmental policy process. Policy Sci 39, 73–90 (2006). https://doi.org/10.1007/s11077-006-9011-x

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