Incommensurability and property rights in the natural environment
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DOI: 10.1080/09644016.2016.1256959
Abstract: ABSTRACT Cost–benefit analysis has been criticised on the grounds that it cannot compute the value of environmental goods whose value constitutively defies monetary valuation. Two forms of incommensurability make monetary valuation problematic: constitutive incommensurability and… read more here.
Keywords: incommensurability; environmental goods; property; monetary valuation ... See more keywords