Skip to page content
USDA Forest Service
  
Treesearch

Research & Development Treesearch

 
Treesearch Home
About Treesearch
Contact Us
Research & Development
Forest Products Lab
International Institute of Tropical Forestry
Northern
Pacific Northwest
Pacific Southwest
Rocky Mountain
Southern Research Station
Help
 

Science.gov - We Participate


USA.gov  Government Made Easy


Global Forest Information Service

US Forest Service
P.O. Box 96090
Washington, D.C.
20090-6090

(202) 205-8333

You are here: Home / Search / Publication Information
Bookmark and Share

Publication Information

View PDF (48 KB bytes)

Title: Economic values, ethics, and ecosystem health

Author: Holmes, Thomas P.; Kramer, Randall A.;

Date: 1995

Source: SCFER Working Paper No. 80, 25 pp.

Publication Series: Miscellaneous Publication

Description: Economic valuations of changes in ecosystem health can provide quantitative information for social decisions. However, willingness to pay for ecosystem health may be motivated by an environmental ethic regarding the right thing to do. Counterpreferential choices based on an environmental ethic are inconsistent with the normative basis of welfare economics. In this paper, we examine some of the characteristics of willingness to pay values elicited using the contingent valuation method. Sequential contingent willingness to pay values for different levels of protection of high-elevation spruce-fir forests in the southern Appalachian Mountains were elicited from a random sample of households along with socio-economic and other information. An empirical analysis indicated that willingness to pay distributions and average willingness to pay did not vary with the level of protection. We discuss various factors that may explain our results including lexicographic preferences, low marginal values, lack of instrument sensitivity, or misrepresentation of the ecosystem services valued by the public. We conclude that further theoretical development of the relation between ethical motivations and economic value is warranted.

Keywords: contingent valuation, willingness to pay, forest health, non-use valuation, natural resource economics

Publication Notes:

  • We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
  • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
  • You may send email to pubrequest@fs.fed.us to request a hard copy of this publication. (Please specify exactly which publication you are requesting and your mailing address.)

XML: View XML

Citation:


Holmes, Thomas P.; Kramer, Randall A. 1995. Economic values, ethics, and ecosystem health. SCFER Working Paper No. 80, 25 pp.

 


 [ Get Acrobat ]  Get the latest version of the Adobe Acrobat reader or Acrobat Reader for Windows with Search and Accessibility

USDA logo which links to the department's national site. Forest Service logo which links to the agency's national site.