“Adapted” Habitat Evaluation Procedure and Choice Experiment: Substitutes or Complements?
Nathalie Dumax,
Anne Rozan and
Bénédicte Rulleau
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Nathalie Dumax: Université de Haute Alsace, 61 rue Albert Camus, 68093 Mulhouse Cedex, France†Université de Strasbourg, Université de Lorraine, CNRS, BETA, 67000 Strasbourg, France
Anne Rozan: #x2020;Université de Strasbourg, Université de Lorraine, CNRS, BETA, 67000 Strasbourg, France‡ENGEES, UMR GESTE, 1 quai Koch, BP 61039, 67070 Strasbourg Cedex, France
Bénédicte Rulleau: #xA7;Inrae, UR ETBX, 50 avenue de Verdun, 33612 Cestas Cedex, France
Water Economics and Policy (WEP), 2020, vol. 06, issue 02, 1-30
Abstract:
In this paper, we assess the environmental benefits derived from a wetland restoration plan. We assume that some of these benefits are “familiar” and thus fully perceived by the population; whereas those with more complex origins are “unfamiliar” and thus poorly perceived and valued. Well perceived benefits can often be assessed from carefully constructed conventional economic approaches based on preferences. However, the biases of these approaches become too significant for poorly perceived benefits which require alternative valuation methods. The “adapted” Habitat Evaluation Procedure (HEPa) “benefit” seeks to value environmental benefits through a non-monetary metric, the habitat unit. It evaluates marginal environmental changes using ecological indicators instead of preferences. Our aim is to test the possibility of combining a conventional monetary valuation method (choice experiment) with a non-monetary alternative valuation method (HEPa) to see whether such a combination could improve the assessment of benefits stemming from positive impacts of environmental policies. By so doing, we seek to contribute to a better integration of ecosystem services into the processes of planning, management, and decision-making regarding natural areas.
Keywords: “Adapted” Habitat Evaluation Procedure; choice experiment; ecosystem services; Rhine river; wetland restoration (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:wepxxx:v:06:y:2020:i:02:n:s2382624x20500046
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DOI: 10.1142/S2382624X20500046
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