Environmental resources valuation is a critical issue, mainly when non-market value elements are relevant. The economics literature suggests the total economic value (TEV) approach as being in line with valuing environmental resources, but robust estimates are required of TEV change, when an environmental damage assessment is needed in order to ask for damage compensation in a court. Currently, for environmental damage claims the valuation methods usually proposed are subject to considerable scrutiny and therefore have to
The Valuation of Environmental Damage Compensation: An Integrated Framework
ROSATO, PAOLO;
2012-01-01
Abstract
Environmental resources valuation is a critical issue, mainly when non-market value elements are relevant. The economics literature suggests the total economic value (TEV) approach as being in line with valuing environmental resources, but robust estimates are required of TEV change, when an environmental damage assessment is needed in order to ask for damage compensation in a court. Currently, for environmental damage claims the valuation methods usually proposed are subject to considerable scrutiny and therefore have toFile in questo prodotto:
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