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Natural capital and sustainability
Ecological Economics, 2000This paper develops and rigorously analyses a model describing the optimal use of natural capital in a utilitarian framework. Natural capital is treated as an aggregate including exhaustibles, renewables and 'environmentals', performing several functions.
Withagen, C.A.A.M., van Geldrop, J.
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2016
Can we place an economic value on natural capital, and if so, is this a useful exercise? We can value many aspects of natural capital, though this raises complex technical issues and also deep philosophical questions. In some cases natural capital is bought and sold on markets, so we can look to these for prices: in other cases we have to put in some ...
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Can we place an economic value on natural capital, and if so, is this a useful exercise? We can value many aspects of natural capital, though this raises complex technical issues and also deep philosophical questions. In some cases natural capital is bought and sold on markets, so we can look to these for prices: in other cases we have to put in some ...
openaire +1 more source