Monetary valuation in Life Cycle Assessment: a review

The social footprint—a practical approach to comprehensive and consistent social LCA

“…Only in a few cases when impacts go beyond the immediately affected population (e.g. heritage values) the additional impact on the existence value needs to be measured by willingness to pay as expressed in choice experiments [2]. However, first estimates point to such impacts as being of minor overall importance.…”

The relevance of Life Cycle Costing in Green Public Procurement

“…In order to compute externalities within an LCC application, a monetary valuation of externalities should be carried out, for "converting measures of social and biophysical impacts into monetary units" (Pizzol et al, 2014). There are studies that include, among their goals, the identification of consistent Life Cycle Impact Assessment (LCIA) methods that could perform such tasks.…”

Normalisation and weighting in life cycle assessment: quo vadis?

“…people, experts or organisations e.g. regarding time (present versus future impacts), geography (local versus global), urgency, political agendas, or cost Huppes and Van Oers, 2011;Pizzol et al, 2015). The cultural theory archetypes used in EcoIndicator99 and ReCiPe are a structured example of such value choices Goedkoop and Spriensma, 2001;Hofstetter et al 2000;Goedkoop et al 1998), but may be difficult to apply when decisions are made by a heterogeneous group of decision makers.…”

“…Similar approaches for systematic review methods have been applied before in the LCA literature (Hauschild et al, 2013;Pizzol et al, 2015), and those were taken as starting point in the formulation of the following criteria: (i) Scientific robustness: What is the science behind the development of the method? (ii)…”