Monetizing Animal Welfare Impacts for Benefit-Cost Analysis
Published in 2024
Article proposing an analytical tool that sites the impacts of public policy on animal welfare within the same framework as impacts on human welfare, the environment and the economy. This would enable the advantages and disadvantages of public policies to be expressed both globally and more accurately, and would make it possible to compare different impacts. To this end, the authors propose a method for monetizing animal welfare that expresses the intrinsic value of impacts on animal welfare in monetary terms.
Document Types: Scientific review
Animal categories:Cattle, Goats, Equines, Wildlife, Sheep, Pigs, Poultry
Keywords:Biodiversity, Environment, Risk management, Population management, Welfare indicators, Living environment, Modelling, One Welfare, Livestock farming system, Societal issues