2020
DOI: 10.1016/j.ecoser.2019.101043
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The socioeconomic value of multiple ecosystem types at a biosphere reserve as a baseline for one holistic conservation plan

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Cited by 9 publications
(2 citation statements)
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“…Fundamentally, this form of economic valuation refers to a relative change in a stock. To given an example, WTP for biodiversity refers to the economic value of a change to biodiversity in monetary terms; it does not determine the true or intrinsic value of biodiversity or ecosystems but rather values relative changes and compares them with their alternatives (Raviv, et al, 2020). It is the WTP a price for using a resource that gives it an economic value.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…Fundamentally, this form of economic valuation refers to a relative change in a stock. To given an example, WTP for biodiversity refers to the economic value of a change to biodiversity in monetary terms; it does not determine the true or intrinsic value of biodiversity or ecosystems but rather values relative changes and compares them with their alternatives (Raviv, et al, 2020). It is the WTP a price for using a resource that gives it an economic value.…”
Section: Theoretical Frameworkmentioning
confidence: 99%
“…Their role as a carbon sink is especially relevant at the continental scale since they account for 30% of the total forest cover in Europe (Ding et al, 2016). Other societal values of Mediterranean forests include their cultural, spiritual and religious importance (especially that of the few remaining ancient forests; Mansourian et al, 2013) and their attractiveness (aesthetics) for recreational activities and tourism (Bernetti et al, 2019; FAO & Plan Blue, 2018; Raviv et al, 2020).…”
Section: Introductionmentioning
confidence: 99%