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Valuation of Ecosystem Services: Contingent Valuation



This video is a part of Conservation Strategy Fund’s collection of environmental economics lessons and was made possible thanks to the support of Jon Mellberg and family. This series is for people who want to learn – or review – the economics of conservation. The Valuation series will look at the process of estimating the value of an ecosystem. This video takes a closer look at the method of valuing ecosystem services through surveying individuals about how much they value the service; asking what the most one would pay to ensure a service remains the same.

To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: Previous videos in this series were made possible by the Gordon and Betty Moore Foundation and the Marcia Brady Tucker Foundation.

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12 Comments
  1. Aditya Raja Gummadavelly 6 months ago
    Reply

    Great video! I have an assignment on the means of valuating the impact of dairy farming has to the environment in New Zealand. This video was good to understand the willingness to pay value.

  2. Anne Wambui 6 months ago
    Reply

    WTP- (1/B0) * In(1+exp[B0-B1X1+B2X2+B3X3+…BnXn])

    Could someone break down this equation for me please

  3. Devika Devereux 6 months ago
    Reply

    Thank you

  4. Jakub Zelený 6 months ago
    Reply

    Willingness to pay is something else than actually paying, don´t you think? Besides, paying whatever amount of money will not restore ecosystems

  5. Raphael Deloo 6 months ago
    Reply

    #DD

  6. Ralf Bo Poludnikiewicz Petersen 6 months ago
    Reply

    My teacher in Environmental Economics sent me here. Time well spent watching this video compared to his class. Thanks for the upload !

  7. Alex Mauricio Rodriguez Suarez 6 months ago
    Reply

    I would like to do this, but I don´t know to process the data, do you have any clear document to do it?

  8. Ruwan Lakshitha 6 months ago
    Reply

    Great 🙂

  9. Nureen Daus 6 months ago
    Reply

    tq very much for doing this video ecosystem services class is interesting but they can be very confusing and hard to understand holistically.this video is very helpfull.

  10. Nadia Rouchdy 6 months ago
    Reply

    Love these videos!!! Thank you CSF!!!!

  11. Symbiotic Coherence 6 months ago
    Reply

    what an interesting survey. I wish they would do a similar one in my area.
    also, did they mention, that the oak forest or the owls probably infect ground prices in the area? Wouldn't that be another way of determening the value of an area? (well, it only works if the area is damaged, like after builing a road or a fire that destroyed half the forest)

  12. RobarthVideo 6 months ago
    Reply

    This was equally interesting as it was entertaining. I almost forgot about CSF but now I'm glad that I stayed subscribed. I really hope the next video comes out soon!

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