‘Adapted’ Habitat Evaluation Procedure and Choice Experiment: substitutes or complements?

Anne Rozan, Nathalie Dumax and Bénédicte Rulleau

Working Papers of BETA from Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg

Abstract: Originally developed to evaluate the environmental cost of development plans, the “adapted” Habitat Evaluation Procedure (HEP) seeks to value environmental costs and benefits through a non-monetary metric, the habitat unit. The environmental benefits of creating or restoring a natural area are evaluated on the basis of the number of habitat units equivalent to an mproved supply of ecosystem services. But such a plan may generate other benefits for the inhabitants of nearby towns, recreational benefits for instance. These benefits can be measured by a traditional economic valuation method, such as a choice experiment (CE). We used the “adapted” HEP and a CE on the same study site to test the potential complementarity of the two methods and to identify the potential risks and benefits of such a double valuation.

Keywords: “adapted” habitat evaluation procedure; choice experiment; ecosystem services; Rhine River; wetland restoration. (search for similar items in EconPapers)
JEL-codes: Q51 Q57 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-dcm, nep-env and nep-res
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Persistent link: https://EconPapers.repec.org/RePEc:ulp:sbbeta:2015-19

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