The loss of biodiversity has put increasing pressure on the stability and continuity of ecosystems, and their ability to provide goods and services to mankind. This valuable new book addresses this issue and presents an integrated ecological-economic perspective on the analysis of biodiversity loss and conservation. It adopts a multidisciplinary approach and attempts both to provide a definition of biodiversity benefits as well as investigate alternative perspectives on biodiversity. The book also presents a classification of biodiversity values and effectively illustrates which economic valuation methods can best measure which type of biodiversity value. The distinguished authors move on to discuss the utility of the application of the economics-ecology interface and integrated modelling for the assessment of biodiversity values. In doing so, they consider the use of multi-criteria evaluation and meta-analytical methods to deal with the aggregation of information from multiple disciplines and past valuation studies, respectively. The book concludes by addressing the role of biodiversity indicators and monetary information for policy design and biodiversity management, devoting special attention to the certification and the ecolabeling of biodiversity benefits. The integration of economic and ecological theories and methods, and the strong methodological orientation will be of immense benefit to students, academics and researchers of environmental economics, environmental science and ecology. Policymakers involved with nature policy and management will also find this volume to be of great practical value.

As governments around the world work towards achieving the Sustainable Development Goals by 2030, the trans-disciplinary topic of oceans management is fast being recognized as one of the most important challenges of the twenty-first century. This timely Handbook takes stock of the state of knowledge on ecosystem services derived from coastal and marine areas and offers innovative proposals for the future of this important topic. The Handbook on the Economics and Management of Sustainable Oceans brings together a carefully chosen collection of world-class contributions from ecology, economics and other development sciences. It provides policy-relevant scientific information on key topics such as ecosystem services from marine and coastal ecosystems and the nuances of economic valuation. Detailed chapters also consider relevant legal and sociological response policies for effective management of marine areas for enhanced human well-being. This comprehensive Handbook will be essential reading for advanced students and academics in economics, environment studies and resource management. The contributors also focus on the nexus of science-society and science-policy with the objective of educating decision-makers in governmental agencies, industry and civil society. Contributors include: M. Bailey, Y. Beaudoin, D. Belhabib, R. Bille, F. Bosello, J.H. Brito, V. Burgener, S. Bush, N. Carlson, S. Cataudella, L. Chabason, W. Chen, W. Cheung, G. da Fonseca, O.G. Davila, E. Delpiazzo, S.T.M. Dissanayake, P. Drankier, I. Drysdale, S. Dupont, F. Eboli, G. Fauville, N. Ferri, D. Fezzardi, M.R. Flores, Y. Fujita, B. Galil, M. Garmendia, A. Ghermandi, E. Giacomello, A. Giannouli, G. Gitti, J. Gowdy, R.A. Groeneveld, M. Hamid, S. Hansen, L. Hansson, L. Karrer, M. Kettunen, E. Kotoroni, P. Koundouri, V. Lam, H. Lindhjem, M. Loureiro, K. Magnussen, E. Mailli, A. Markandya, F. Marques, J. Marsden, F. Massa, J. Matos de Sousa, M. McField, G. Menezes, M. Metian, D. Miller, B. Milligan, K. Mintenbeck, E.Y. Mohammed, E.J. Molenaar, R. Mongruel, K. Mutafoglu, S. Navrud, P.A.L.D. Nunes, D.O. Obura, E. Ojea, N. Okubo, L. Onofri, A. Onuma, M. Omori, D. Osborn, A. Pacheco Capella, A. Padilla, C. Papagianni, M. Pascual, D. Pauly, A.G. Petersen, R. Pott, H. Ralison, A. Ressurreicao, J. Ribeiro, J. Richardson, J. Rochette, D. Russi, M. Samoilys, C. Santos, L.V. Santuario, P. Scheren, J.-P. Schweitzer, M. Seneque, C. Severin, P. Shah, I. Souliotis, A. Srour, P. Steele, D. Steinbach, R.M. Sultan, R. Sumaila, L.E. Svensson, V. Sweeney, J. Tanzer, P. ten Brink, L. The, F. Thevenon, J. van den Bergh, D. Waruinge, E. Watkins, S. Withana, P. Ziveri

The contingent valuation technique for measuring the economic value of environmental goods and services has become increasingly popular in recent years and has many advantages over other revealed or stated preference methods. It has been criticised, however, for being inconsistent with economic theory by reflecting altruistic motives and moral obligations. This book examines the role of the 'warmglow' effect (the pleasure derived from giving to good causes or being concerned about the environment) in contingent valuation studies and examines whether warmglow is an underlying force in CV responses. The author argues that if the empirical evidence suggests that warmglow is important, then its magnitude needs to be assessed in the valuation function. The ultimate goal is to disentangle the warmglow effect from the original 'willingness-to-pay' mean estimates and compute a dry estimate, free from any warmglow. The author conducts a CV application in a Portuguese natural park to test the validity of this approach. He tests the premise that the financial contribution by itself constitutes a source of well-being to the respondent and also discusses whether the warm glow component should or should not be included when formulating benefit-cost analysis and environmental policy. This innovative book will be essential reading to all students and scholars of the economics of environmental valuation.

In recent years, there has been a marked proliferation in the literature on economic approaches to ecosystem management, which has created a subsequent need for real understanding of the scope and the limits of the economic approaches to ecosystems and biodiversity. Within this Handbook, carefully commissioned original contributions from acknowledged experts in the field address the new concepts and their applications, identify knowledge gaps and provide authoritative recommendations.The Handbook offers a wealth of case studies and further: - identifies the conceptual underpinnings of the economics of ecosystems and biodiversity - demonstrates new research methodologies and their applications - provides authoritative assessment of the recent results and findings in ecosystems services and biodiversity valuation and accounting - provides the reader with the state of the art of the research on the economics of ecosystem services and biodiversity - provides spatial explicit tools for mapping ecosystem services values for land-use planning, including in the context of business and industry. This authoritative assessment will appeal to researchers and academics at both the advanced undergraduate and post-graduate levels of environmental economics and ecological economics. Policy-makers in government, business and conservation sectors will find much to engage them as the work will prove essential for implementing effective response policies for the management of ecosystems and biodiversity. Contributors: P. Ala-aho, I. Anastasiou, J.Angulo-Valdes, V. Babalos, T. Badura, K.J. Bagstad, H.E. Balbach, E.B. Barbier, A.A. Batabyal, A. Bien, L.M. Brander, A. Catzim-Sanchez, H. Chen, W.W.L. Cheung, J.C. Cooper, J. Coria, G. Cucuzza, A.T. de Blaeij, T. Dedeurwaerdere, M. De Salvo, S. Di Falco, S.T.M. Dissanayake, A.K. Duraiappah, W.H Durham, R. Eskelinen, T. Figueredo Martin, P. Fong, M. Gemma, J.M. Gowdy, M. Honey, G.W. Johnson, T. Karjalainen, M. Kettunen, B. Kloeve, E. Kougea, P. Koundouri, P. Kumar, V.W.Y. Lam, G.-M. Lange, V. Linderhof, A. Markandya, J. Mate, L. Mazza, C. Mena, Y. Mitani, E. Naikal, D. Narita, S. Navrud, P. Nijkamp, P.A.L.D. Nunes, H. OEnal, R.R. Palatnik, C. Palmer, S. Parks, M. Pascual, M. Perez-Soba, F.Pina-Amargos, N.B.P. Polman, L. Pratt, M. Pulido-Velazquez, M.J. Punt, D. Quiroga, K. Rehdanz, S. Reinhard, K. Reinikainen, E. Robinson, P.M. Rossi, G. Samonte, A. Seidl, D. Semmens, M. Shechter, B. Shitovitz, G. Signorello, R.D. Simpson, G. Slean, H.G. Smith, R.B.W. Smith, T. Sterner, M. Stithou, U.R. Sumaila, D. Suman, R.T. Tawfik, P. ten Brink, R.S.J. Tol, R.K. Turner, M. van der Heide, E.C. van Ierland, P. Verweij, F. Villa, S. Waage, X. Wang, H.-P. Weikard, J.D. Westervelt, M. Winograd, S. Withana, S. Zemah-Shamir