search query: @indexterm COST BENEFIT ANALYSIS / total: 335
reference: 77 / 335
Author: | Spash, C. L. |
Title: | Ethics and environmental attitudes with implications for economic valuation |
Journal: | Journal of Environmental Management
1997 : AUG, VOL. 50:4, p. 403-416 |
Index terms: | ETHICS ENVIRONMENT ATTITUDES COST BENEFIT ANALYSIS FUTURE |
Language: | eng |
Abstract: | This article tests the hypothesis that different ethical belief systems are unrelated to the attitude an individual takes towards the environment. The neoclassical economic approach is seen to require a belief in utilitarianism while many individuals may operate on the basis of a deontological or rights-based approach to decision-making. With this relationship the concern arises from the use of the cost-benefit analysis approach to environmental policy and the specific application of the contingent valuation method. Evidence was found that environmentalists choose to operate on a rights-based approach which rejects the relative welfare arguments of economics and positively attributes compensation to future generations for environmental damages. |
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