TY - GEN
T1 - Towards a fair, constructive and consistent criticism of all valuation languages
T2 - Comment on Kallis et al. (2013)
AU - Gsottbauer, Elisabeth
AU - Logar, Ivana
AU - van den Bergh, Jeroen
N1 - Publisher Copyright:
© 2015 Elsevier B.V.
PY - 2015/4/1
Y1 - 2015/4/1
N2 - We provide critical notes to the paper by Kallis et al. (2013) on monetary valuation. We evaluate the four criteria they propose for assessing valuation studies. We argue that no clear distinction is made between monetary valuation and pricing instruments. The selected criteria are more relevant to assessing policy than monetary valuation. The examples provided are not representative of the diversity of valuation studies encountered in the literature. Moreover, no clear examples are provided of where valuation and associated cost-benefit analysis of environmental policy go wrong. We plea for a more fair, constructive and consistent criticism of all "valuation languages" and offer relevant issues for consideration.
AB - We provide critical notes to the paper by Kallis et al. (2013) on monetary valuation. We evaluate the four criteria they propose for assessing valuation studies. We argue that no clear distinction is made between monetary valuation and pricing instruments. The selected criteria are more relevant to assessing policy than monetary valuation. The examples provided are not representative of the diversity of valuation studies encountered in the literature. Moreover, no clear examples are provided of where valuation and associated cost-benefit analysis of environmental policy go wrong. We plea for a more fair, constructive and consistent criticism of all "valuation languages" and offer relevant issues for consideration.
KW - Cost-benefit analysis
KW - Environmental policy
KW - Valuation languages
KW - Evaluation criteria
KW - Monetary valuation
KW - Commodification
KW - Cost-benefit analysis
KW - Environmental policy
KW - Valuation languages
KW - Evaluation criteria
KW - Monetary valuation
KW - Commodification
UR - https://dialnet.unirioja.es/servlet/articulo?codigo=5018326
UR - http://www.scopus.com/inward/record.url?scp=84925489379&partnerID=8YFLogxK
U2 - 10.1016/j.ecolecon.2014.12.014
DO - 10.1016/j.ecolecon.2014.12.014
M3 - Other contribution
AN - SCOPUS:84925489379
VL - 112
T3 - Ecological Economics
ER -