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Valuing ecosystem services: a
biological perspective
  Kent Holsinger
  Ecology & Evolutionary Biology
What values are
threatened?
National Academy of Sciences, Report in Brief (2004)
Valuing Ecosystem Services: Toward Better Environmental Decision Making
New York City watershed
Coastal wetlands/estuaries:
fish production
Flood control services
Food production

Recreational fishing
What do these
examples have in
common?
Why worry about
biodiversity?
We need it
We like it
We ought to
Does economics
capture non-use
values?
Substitutable?
Stable preference?
Does economics
capture non-
consumptive values?
No*
*But neither does ecology
Aesthetics
Ethics
What kind of world do
we want to live in?
Valuing ecosystem services: a biological perspective

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