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9 Cards in this Set
- Front
- Back
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direct value
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something that can be measured in economic terms (value, amount, etc.)
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indirect value
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more difficult to find the value for
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5 examples of direct-use value
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food, medicine, industrial material, pest control, eco-tourism
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non-use value
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the more we learn about biodiversity, the more we can benefit from it in the future
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bequest value
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leaving biodiversity for future generations
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existence value
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valuation of the fact that biodiversity exists whether people use it or not
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intrinsic value
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biodiversity has a right to exist regardless of humanity
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biophilia
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innate human urge to affiliate with other forms of life
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four types of option value
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bequest value, intrinsic value, existence value, spiritual/cultural value
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