Some difficulties of measurement

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Abstract

Even if one wanted to measure the value of 'natural capital' in monetary terms, could it be done? Can it actually be measured without such a wide range of values being given that doing so is effectively useless for any decision-making processes? This chapter explores a series of difficulties about the measurement of 'natural capital'. All these derive principally from the problem that 'natural capital' is a metaphor which doesn't quite fit. The natural world and the world of capital are different in important ways.

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APA

Anderson, V. (2019). Some difficulties of measurement. In Debating Nature’s Value: The Concept of “Natural Capital” (pp. 69–73). Springer International Publishing. https://doi.org/10.1007/978-3-319-99244-0_9

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