Participatory economic valuation methods incorporate stakeholder perceptions, preferences and value categories into ecosystem service valuation approaches.
Aim of the resource
Participatory economic valuation methods focus on reflecting stakeholders' own perceptions and categories of value and attempt to ensure that users of ecosystem services are involved in the valuation process. Participatory economic valuation methods are most commonly applied to provisioning services and are typically flexible, and do not require large amounts of complex data.
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