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  • Stoeckl et al EE 2018

    Rights statement: This is the author’s version of a work that was accepted for publication in Ecological Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Ecological Economics, 144, 2018 DOI: 10.1016/j.ecolecon.2017.07.021

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The Crowding Out of Complex Social Goods

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The Crowding Out of Complex Social Goods. / Stoeckl, Natalie; Hicks, Christina; Farr, Marina et al.

In: Ecological Economics, Vol. 144, 02.2018, p. 65-72.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Harvard

Stoeckl, N, Hicks, C, Farr, M, Grainger, D, Esparon, M, Thomas, J & Larson, S 2018, 'The Crowding Out of Complex Social Goods', Ecological Economics, vol. 144, pp. 65-72. https://doi.org/10.1016/j.ecolecon.2017.07.021

APA

Stoeckl, N., Hicks, C., Farr, M., Grainger, D., Esparon, M., Thomas, J., & Larson, S. (2018). The Crowding Out of Complex Social Goods. Ecological Economics, 144, 65-72. https://doi.org/10.1016/j.ecolecon.2017.07.021

Vancouver

Stoeckl N, Hicks C, Farr M, Grainger D, Esparon M, Thomas J et al. The Crowding Out of Complex Social Goods. Ecological Economics. 2018 Feb;144:65-72. Epub 2017 Aug 1. doi: 10.1016/j.ecolecon.2017.07.021

Author

Stoeckl, Natalie ; Hicks, Christina ; Farr, Marina et al. / The Crowding Out of Complex Social Goods. In: Ecological Economics. 2018 ; Vol. 144. pp. 65-72.

Bibtex

@article{e01318e3ac10430485f0b0407b045a24,
title = "The Crowding Out of Complex Social Goods",
abstract = "The valuation of ecosystem services to inform natural resource management and development has gained acceptance in many arenas. Yet, contemporary economic valuation is constrained to the appraisal of simple goods that generate benefits that accrue to individuals, neglecting complex goods that generate benefits that accrue to society more broadly. Methodological barriers to the valuation of complex social goods have led to their frequent omission from natural resource management deliberations. The prevailing valuation paradigm that focuses on simple individual goods may erode conservation efforts by crowding out the institutions and behaviours that support socially constructed ecosystem service values. Erosion of these values ultimately harms the environment and society as a whole. The institutionalisation of appropriate methods for estimating the value of complex social goods alongside existing methods for valuing simple individual goods within international conservation, development and policy-making discourses, is therefore an important evolution for sustainable natural resource management.",
keywords = "Non-market valuation, Cost benefit analysis, Individual welfare, Social welfare",
author = "Natalie Stoeckl and Christina Hicks and Marina Farr and Daniel Grainger and Michelle Esparon and Joseph Thomas and Silva Larson",
note = "This is the author{\textquoteright}s version of a work that was accepted for publication in Ecological Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Ecological Economics, 144, 2018 DOI: 10.1016/j.ecolecon.2017.07.021",
year = "2018",
month = feb,
doi = "10.1016/j.ecolecon.2017.07.021",
language = "English",
volume = "144",
pages = "65--72",
journal = "Ecological Economics",
issn = "0921-8009",
publisher = "Elsevier Science B.V.",

}

RIS

TY - JOUR

T1 - The Crowding Out of Complex Social Goods

AU - Stoeckl, Natalie

AU - Hicks, Christina

AU - Farr, Marina

AU - Grainger, Daniel

AU - Esparon, Michelle

AU - Thomas, Joseph

AU - Larson, Silva

N1 - This is the author’s version of a work that was accepted for publication in Ecological Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Ecological Economics, 144, 2018 DOI: 10.1016/j.ecolecon.2017.07.021

PY - 2018/2

Y1 - 2018/2

N2 - The valuation of ecosystem services to inform natural resource management and development has gained acceptance in many arenas. Yet, contemporary economic valuation is constrained to the appraisal of simple goods that generate benefits that accrue to individuals, neglecting complex goods that generate benefits that accrue to society more broadly. Methodological barriers to the valuation of complex social goods have led to their frequent omission from natural resource management deliberations. The prevailing valuation paradigm that focuses on simple individual goods may erode conservation efforts by crowding out the institutions and behaviours that support socially constructed ecosystem service values. Erosion of these values ultimately harms the environment and society as a whole. The institutionalisation of appropriate methods for estimating the value of complex social goods alongside existing methods for valuing simple individual goods within international conservation, development and policy-making discourses, is therefore an important evolution for sustainable natural resource management.

AB - The valuation of ecosystem services to inform natural resource management and development has gained acceptance in many arenas. Yet, contemporary economic valuation is constrained to the appraisal of simple goods that generate benefits that accrue to individuals, neglecting complex goods that generate benefits that accrue to society more broadly. Methodological barriers to the valuation of complex social goods have led to their frequent omission from natural resource management deliberations. The prevailing valuation paradigm that focuses on simple individual goods may erode conservation efforts by crowding out the institutions and behaviours that support socially constructed ecosystem service values. Erosion of these values ultimately harms the environment and society as a whole. The institutionalisation of appropriate methods for estimating the value of complex social goods alongside existing methods for valuing simple individual goods within international conservation, development and policy-making discourses, is therefore an important evolution for sustainable natural resource management.

KW - Non-market valuation

KW - Cost benefit analysis

KW - Individual welfare

KW - Social welfare

U2 - 10.1016/j.ecolecon.2017.07.021

DO - 10.1016/j.ecolecon.2017.07.021

M3 - Journal article

VL - 144

SP - 65

EP - 72

JO - Ecological Economics

JF - Ecological Economics

SN - 0921-8009

ER -