Difference between revisions of "Non-use value: bequest value and existence value"
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(New page: == Bequest value and existence value == A non-use value is a value associated that does not concern our use, wither direct or indirect, of the environment, its resources or services. The...) |
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| + | == Bequest value and existence value == | ||
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| + | A [[non-use value]] (feel good or warm glow) is a value associated that does not concern our use, either direct or indirect, of the environment, its resources or services. | ||
| + | Bequest value: The current generation places value on ensuring the availability of [[biodiversity]] and [[ecosystem]] functioning to future generations. This is determined by a | ||
| + | person’s concern that future generations should have access to resources and opportunities. It indicates a perception of benefit from the knowledge that resources and opportunities are being passed to descendants<ref>Beaumont, N.J.; Austen, M.C.; Atkins, J.P.; Burdon, D.; Degraer, S.; Dentinho, T.P.; Derous, S.; Holm, P.; Horton, T.; van Ierland, E.; Marboe, A.H.; Starkey, D.J.; Townsend, M.; Zarzycki, T. (2007). Identification, definition and quantification of goods and services provided by marine biodiversity: implications for the ecosystem approach. Mar. Pollut. Bull. 54(3): 253-265 </ref>. | ||
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| + | Existence value: This is the benefit, often reflected as a | ||
| + | sense of well being, of simply knowing marine [[biodiversity]] | ||
| + | exists, even if it is never utilised or experienced, people | ||
| + | simply derive benefit from the knowledge of its existence | ||
| + | (Hageman, 1985<ref>Hageman, R., 1985. Valuing Marine Mammal Populations: Benefit | ||
| + | Valuations in a Multi-species Ecosystem. National Marine Fisheries | ||
| + | Service, Southwest Fisheries Centre, La Jolla, California, 1985. pp. 88.</ref>; Loomis and White, 1996<ref>Loomis, J.B., White, D.S., 1996. Economic benefits of rare and endangered | ||
| + | species: summary and meta-analysis. Ecological Economics 183, | ||
| + | 197–206</ref>). The considerable | ||
| + | importance which the wider public attach to maintaining | ||
| + | diverse marine life is revealed through their interest in | ||
| + | marine based media presentations, such as the ‘‘Blue | ||
| + | Planet’’. For example, articles on cold water corals frequently | ||
| + | appear in the media, despite the fact the majority | ||
| + | of the general public will never see a [[Natural shore protecting barriers|cold water coral]], they | ||
| + | are interested in them and benefit from their existence. | ||
| + | |||
| + | |||
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| + | ==Related articles== | ||
| + | :[[Travel cost method]] | ||
| + | :[[Contingent Valuation Method]] | ||
| + | :[[Hedonic Evaluation Approach]] | ||
| + | :[[Value Transfer]] | ||
| + | :[[Economic Value]] | ||
| + | :[[Total Economic Value]] | ||
| + | :[[Socio-economic evaluation]] | ||
| + | :[[Values of amenities in coastal zones]] | ||
| + | :[[Multifunctionality and Valuation in coastal zones: concepts, approaches, tools and case studies]] | ||
| + | :[[Multifunctionality and Valuation in coastal zones: introduction]] | ||
| + | ==See also== | ||
| + | * [https://en.wikipedia.org/wiki/Non-use_value Non-use value] | ||
| + | |||
| + | |||
| + | == References == | ||
| + | <references/> | ||
| − | |||
| − | + | [[Category:Integrated coastal zone management]] | |
| + | [[Category:Evaluation and assessment in coastal management]] | ||
Revision as of 17:14, 15 July 2020
Bequest value and existence value
A non-use value (feel good or warm glow) is a value associated that does not concern our use, either direct or indirect, of the environment, its resources or services. Bequest value: The current generation places value on ensuring the availability of biodiversity and ecosystem functioning to future generations. This is determined by a person’s concern that future generations should have access to resources and opportunities. It indicates a perception of benefit from the knowledge that resources and opportunities are being passed to descendants[1].
Existence value: This is the benefit, often reflected as a sense of well being, of simply knowing marine biodiversity exists, even if it is never utilised or experienced, people simply derive benefit from the knowledge of its existence (Hageman, 1985[2]; Loomis and White, 1996[3]). The considerable importance which the wider public attach to maintaining diverse marine life is revealed through their interest in marine based media presentations, such as the ‘‘Blue Planet’’. For example, articles on cold water corals frequently appear in the media, despite the fact the majority of the general public will never see a cold water coral, they are interested in them and benefit from their existence.
Related articles
- Travel cost method
- Contingent Valuation Method
- Hedonic Evaluation Approach
- Value Transfer
- Economic Value
- Total Economic Value
- Socio-economic evaluation
- Values of amenities in coastal zones
- Multifunctionality and Valuation in coastal zones: concepts, approaches, tools and case studies
- Multifunctionality and Valuation in coastal zones: introduction
See also
References
- ↑ Beaumont, N.J.; Austen, M.C.; Atkins, J.P.; Burdon, D.; Degraer, S.; Dentinho, T.P.; Derous, S.; Holm, P.; Horton, T.; van Ierland, E.; Marboe, A.H.; Starkey, D.J.; Townsend, M.; Zarzycki, T. (2007). Identification, definition and quantification of goods and services provided by marine biodiversity: implications for the ecosystem approach. Mar. Pollut. Bull. 54(3): 253-265
- ↑ Hageman, R., 1985. Valuing Marine Mammal Populations: Benefit Valuations in a Multi-species Ecosystem. National Marine Fisheries Service, Southwest Fisheries Centre, La Jolla, California, 1985. pp. 88.
- ↑ Loomis, J.B., White, D.S., 1996. Economic benefits of rare and endangered species: summary and meta-analysis. Ecological Economics 183, 197–206
