Appendix
Total Environmental Value and Total Economic Value
 |
Use Value |
Passive use or non-use |
| TEV = |
F(DUV, IUV, OV, QOV, |
BV, EV) |
| TV = |
G(PV, |
TEV) |
Where:
TV = Total Environmental Value
TEV = Total Economic Value
DUV = Direct Use Value
IUV = Indirect Use Value
OV = Option Value (including bequest value)
QOV = Quasi Option Value
BV = Bequest Value
PV = Primary Value
EV = Existence Value
 
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