Abstract:

Based on the ecological insurance hypothesis, ecologists and environmental economists stress the importance of biological diversity for maintaining ecosystem resilience. We conducted extensive qualitative preliminary studies on respondent perceptions of different aspects related to the ecological insurance hypothesis using the Grounded Theory Methodology (GTM). Insights from the qualitative research helped to design a Choice Experiment (CE) instrument intended to be used for valuing the biological diversity of the Hainich forest (Thuringia), the largest coherent deciduous forest in Germany. We discuss the advantages and disadvantages of using GTM for the qualitative phase of stated preference valuations studies of potentially unfamiliar environmental goods.

KEYWORDS: Grounded Theory Methodology, insurance services of biodiversity, perception of biodiversity and ecosystem functioning