Non-Market Valuation
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Alberta Métis Non-Market Valuation Analysis
EcoPlan lead a groundbreaking series of non-market valuation projects aimed at determining compensatory losses resulting from petroleum development...
Non-market valuation is a method to appraise the monetary value goods and services that have utility and value, but not necessarily a market price. As the environmental, social, and cultural costs of development become more and more prevalent, it is increasingly important that rigorous techniques are used to apply values to the things people care about but cannot pay for in the traditional sense. An important application of non-market valuation methods includes the appraisal of cultural values and historical artifacts, such as the value of a traditional hunting ground.