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Combining scenarios and monetary valuation

Combining scenario modeling and environmental valuation is a modern tool for analysis of the management of marine environment.

Valuation surveys conducted when applying a stated preference method can only be based on a particular scenario, defining the change in environmental conditions. The valuation question, i.e. the scenario to be valued by the general public, is built on the information of the environmental change taking place in the future resulting from the particular policy change. Furthermore, combining scenario modeling with predictive modeling enables the link between human pressures and ecosystem functions.


 

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