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The valuation of regulating services is an evolving field of ecological economics. In this book, Dr. Pushpam Kumar and Dr. Michael D. Wood have invited some of the foremost international experts in the field of ecosystem services valuation to contribute chapters on the valuation of regulating services and highlight some of the main obstacles to the implementation and acceptance of these methodologies in the context of decision-making.
Economic valuation may be seen as a tool used when resolving conflicting choices and tradeoffs involving limited and competing resources. This book analyzes the various issues of economic valuation and covers the basic concepts and application of methodologies through case studies from all over the world.
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