What concept do economists use to measure value


Discussion Post

Tietenberg, Tom, and Lynne Lewis. Environmental Economics: the Essentials, Chpt 4, Taylor & Francis Group, 2019.

Tietenberg & Lewis outline various ways in which economists can put a value on the environment. What concept do economists use to measure value? Do you think its right to put a value on nature? Is there a downside to not putting a value on the environment?

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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