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Title Two types of values and their assessment by the collective interest
Creator/Author Intemann, P.R.
Publication Date1982 Jan 01
OSTI IdentifierOSTI ID: 5756013; DE83012064
Report Number(s)DOE/NBM-3012064
DOE Contract NumberW-7405-ENG-26
Resource TypeTechnical Report
Research OrgOak Ridge National Lab., TN (USA)
Subject290200 -- Energy Planning & Policy-- Economics & Sociology; ;VALUES-- EVALUATION; ECONOMICS;GOVERNMENT POLICIES;OPERATION
Description/Abstract Both economics and environmental assessment are fundamentally concerned with the assessment of value.^To better understand the meaning of value, it can be helpful to categorize values into different types.^One such categorization is to divide them into functional values and perceptual values.^Functional value is assigned on the basis of how much something contributes to or takes from the proper operation of a system.^Perceptual value is assigned on the basis of how much something pleases or displeases an individual.^The difference between these two types is gradational rather than discrete.^Furthermore, an element of the environment can be valued both functionally and perceptually.^Alternative schemes of categorization are analogous.^Explicit, factual, objective values are typically functional while implicit, judgmental, subjective values are typically perceptual.^In a mixed economy the responsibility of government in influencing the assessment of value is different for the two different types.^For functional values, evaluation and resulting action by the government as a representative of the collective interest are based on maintenance or improvement of the system.^This corresponds to Hardin`s notion of averting the tragedy of the commons.^For perceptual values, evaluation by the government is based on widening the choice available to individuals.^This corresponds to Davidoff`s and Reiner`s theory of planning.^The significance of this difference is explored using wilderness preservation policy as an example.
Country of PublicationUnited States
LanguageEnglish
FormatPages: 26
AvailabilityNTIS, PC A03/MF A01.
System Entry Date2001 May 13

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