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How to use the information

There are several ways to use the information about the monetary value in the decision making. One of them is cost-benefit analysis. When setting new political instrument, the decision-makers may use cost-benefit analysis. While the costs are quite easy to determine but measurement of benefits (prices of environmental goods and services) is not straightforward. The most ecosystem services do not have an economic value (price). Thus, the value has to be measured with valuation methods, and these methods are used to value environmental quality changes. Economic values for environmental services have been used by decision-makers to assess cost and the benefits of some environmental impact.


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