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Option Value, Substitutable Species, and Ecosystem Services

Persson, Erik (2016). Option Value, Substitutable Species, and Ecosystem Services. Environmental Ethics. 38:2, 165-181
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Official URL: http://dx.doi.org/10.5840/enviroethics201638214

Abstract

The concept of ecosystem services is a way of visualizing the instrumental value that nature has for human beings. Most ecosystem services can be performed by more than one species. This fact is sometimes used as an argument against the preservation of species. However, even though substitutability does detract from the instrumental value of a species, it also adds option value to it. The option value cannot make a substitutable species as instrumentally. valuable as a non-substitutable species, but in many cases, it can add enough value to make the species more valuable than the projects that threaten its existence.

Authors/Creators:Persson, Erik
Title:Option Value, Substitutable Species, and Ecosystem Services
Series/Journal:Environmental Ethics (0163-4275)
Year of publishing :2016
Volume:38
Number:2
Page range:165-181
Number of Pages:17
Publisher:Center for Environmental Philosophy
ISSN:0163-4275
Language:English
Publication Type:Journal article
Refereed:Yes
Article category:Scientific peer reviewed
Version:Accepted version
Full Text Status:Public
Agris subject categories.:X Agricola extesions > X80 Social sciences, humanities and education
Subjects:(A) Swedish standard research categories 2011 > 6 Humanities > 603 Philosophy, Ethics and Religion > Ethics
Keywords:ecosystem services, philosophy
URN:NBN:urn:nbn:se:slu:epsilon-e-4412
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-e-4412
Additional ID:
Type of IDID
Web of Science (WoS)000400951700004
ID Code:14591
Faculty:LTV - Fakulteten för landskapsarkitektur, trädgårds- och växtproduktionsvetenskap
Department:(LTJ, LTV) > Department of Landscape Architecture, Planning and Management (from 130101)
Deposited By: SLUpub Connector
Deposited On:16 Oct 2017 13:02
Metadata Last Modified:16 Oct 2017 13:02

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