The use of cost-benefit analysis (CBA) in environmental decision-making and
the contingent valuation (CV) technique as input into traditional CBA to e
licit environmental values in monetary terms has stimulated an extensive de
bate. Critics have questioned the appropriateness of both the method and th
e technique. Some alternative suggestions for the elicitation of environmen
tal values are based on a social process of deliberation. However, just lik
e traditional economic theory, these alternative approaches may be question
ed on their implicit value judgements regarding the legitimacy of the socia
l-political organisation of the process of value elicitation. Instead of ma
king assumptions a priori, research efforts should be focused on the proces
ses by which actual public attitudes and preferences towards the environmen
t can best be elicited and fed into environmental or other public policy de
cision-making. In the study presented in this paper, support was found for
both the individual WTP based approach and a participatory social deliberat
ion approach to inform the environmental decision-making process, suggestin
g that a combination of both approaches is most appropriate.