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2015 Kenter What are shared and social values.pdf (429.27 kB)

What are shared and social values of ecosystems?

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posted on 2023-07-26, 13:45 authored by Jasper O. Kenter, Liz O'Brien, Neal Hockley, Neil Ravenscroft, Ioan Fazey, Katherine N. Irvine, Mark S. Reed, Michael Christie, Emily Brady, Rosalind Bryce, Andrew Church, Nigel Cooper, Althea Davies, Anna Evely, Mark Everard, Robert Fish, Janet A. Fisher, Niels Jobstvogt, Claire Molloy, Johanne Orchard-Webb, Susan Ranger, Mandy Ryan, Verity Watson, Susan Williams
Social valuation of ecosystem services and public policy alternatives is one of the greatest challenges facing ecological economists today. Frameworks for valuing nature increasingly include shared/social values as a distinct category of values. However, the nature of shared/social values, as well as their relationship to other values, has not yet been clearly established and empirical evidence about the importance of shared/social values for valuation of ecosystem services is lacking. To help address these theoretical and empirical limitations, this paper outlines a framework of shared/social values across five dimensions: value concept, provider, intention, scale, and elicitation process. Along these dimensions we identify seven main, non-mutually exclusive types of shared values: transcendental, cultural/societal, communal, group, deliberated and other-regarding values, and value to society. Using a case study of a recent controversial policy on forest ownership in England, we conceptualise the dynamic interplay between shared/social and individual values. The way in which social value is assessed in neoclassical economics is discussed and critiqued, followed by consideration of the relation between shared/social values and Total Economic Value, and a review of deliberative and non-monetary methods for assessing shared/social values. We conclude with a discussion of the importance of shared/social values for decision-making.

History

Refereed

  • Yes

Volume

111

Page range

86-99

Publication title

Ecological Economics

ISSN

1873-6106

Publisher

Elsevier

File version

  • Published version

Language

  • eng

Legacy posted date

2016-03-16

Legacy creation date

2021-04-07

Legacy Faculty/School/Department

ARCHIVED Faculty of Science & Technology (until September 2018)

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