Different methods, different values: Policy implications of alternative valuation methods

Bonnie Keeler, Joshua Clement, Terin Mayer, Ryan Noe and Nate Vikeras

Ecological Economics, 2026, vol. 239, issue C

Abstract: Policy analysis is underpinned by empirical research that evaluates the magnitude and distributional effects of regulatory costs and benefits. Valuation research constitutes a central component of this analysis and may employ both monetary and non-monetary methodologies. This study investigates how the application of different valuation approaches yields distinct insights into the efficiency and equity outcomes associated with water policy interventions.

Keywords: Water Quality; Non-market Valuation; Monetary; Ecosystem Services; Benefit Cost Analysis; Equity; Distribution (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:239:y:2026:i:c:s0921800925002599

DOI: 10.1016/j.ecolecon.2025.108776

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