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What are shared and social values of ecosystems?

Author

Listed:
  • Kenter, Jasper O.
  • O'Brien, Liz
  • Hockley, Neal
  • Ravenscroft, Neil
  • Fazey, Ioan
  • Irvine, Katherine N.
  • Reed, Mark S.
  • Christie, Michael
  • Brady, Emily
  • Bryce, Rosalind
  • Church, Andrew
  • Cooper, Nigel
  • Davies, Althea
  • Evely, Anna
  • Everard, Mark
  • Fish, Robert
  • Fisher, Janet A.
  • Jobstvogt, Niels
  • Molloy, Claire
  • Orchard-Webb, Johanne
  • Ranger, Susan
  • Ryan, Mandy
  • Watson, Verity
  • Williams, Susan

Abstract

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.

Suggested Citation

  • Kenter, Jasper O. & O'Brien, Liz & Hockley, Neal & Ravenscroft, Neil & Fazey, Ioan & Irvine, Katherine N. & Reed, Mark S. & Christie, Michael & Brady, Emily & Bryce, Rosalind & Church, Andrew & Cooper, 2015. "What are shared and social values of ecosystems?," Ecological Economics, Elsevier, vol. 111(C), pages 86-99.
    • Handle: RePEc:eee:ecolec:v:111:y:2015:i:c:p:86-99
    DOI: 10.1016/j.ecolecon.2015.01.006
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