Economists’ practice of discounting benefits from the distant future to make them comparable to current costs is fraught with disagreement and controversy. But for projects
read moreIn Part 2 I argued that information about environmental values is essential for making good decisions about how to spend the money in environmental programs.
read moreCriticisms that have been leveled at survey-based methods for putting dollar values on the environment include: that the results have been shown to be inaccurate
read moreWhy is it a good idea to estimate the dollar values of environmental benefits? To help with decision making about public investment in environmental projects,
read moreThe idea of putting dollar values on intangible environmental benefits seems to polarise people. At one end of the spectrum, some believe it’s of critical
read morePsychologists studying the way that people plan projects have found that they are often way too optimistic – they think the project will take less
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