2002 World Congress of Environmental and Resource Economists

This paper calls for a better fit between economic models and aboriginal circumstances. Particular attention needs to be paid to treaties, aboriginal trusts, and related laws in framing economic analysis in aboriginal country. Where these issues are disregarded, economic results may be misleading, irrelevant and often damaging to aboriginal referent groups. There is need for a range of standardized economic assessments in aboriginal country, but less need for and more danger from applications that attempt to broadly encapsulate aboriginal values in a single rational economic man numeric(what is this supposed to say??). Where assessment of project impacts on resources is required, the paper suggests an aboriginal accounting approach that depends on multiple economic and non-economic indicators of value, tailors such indicators to unique aboriginal circumstances, utilizes non-parametric as well as parametric tools to inform decision making, and employs ground-truthing by aboriginal subjects themselves as an important test of accuracy of results. Examination of distributional issues affecting aboriginal and non-aboriginal referent groups will increase in importance in the 21st Century, while the importance of determining true values of production will likely lessen.



	Paper Title:	Setting Up Accounts And Framing Valuation Enquiries In A Cross-Cultural Setting: Lessons From Snake River And Beyond.
	Presenting Author:	Philip Meyer (Meyer Resources, Inc.)
	Coauthor 1:
	Coauthor 2:
	Coauthor 3:
	Abstract:	This paper calls for a better fit between economic models and aboriginal circumstances. Particular attention needs to be paid to treaties, aboriginal trusts, and related laws in framing economic analysis in aboriginal country. Where these issues are disregarded, economic results may be misleading, irrelevant and often damaging to aboriginal referent groups. There is need for a range of standardized economic assessments in aboriginal country, but less need for and more danger from applications that attempt to broadly encapsulate aboriginal values in a single rational economic man numeric(what is this supposed to say??). Where assessment of project impacts on resources is required, the paper suggests an aboriginal accounting approach that depends on multiple economic and non-economic indicators of value, tailors such indicators to unique aboriginal circumstances, utilizes non-parametric as well as parametric tools to inform decision making, and employs ground-truthing by aboriginal subjects themselves as an important test of accuracy of results. Examination of distributional issues affecting aboriginal and non-aboriginal referent groups will increase in importance in the 21st Century, while the importance of determining true values of production will likely lessen.
	Link to paper:	Not available

	Session / Day / Time	1G / Monday / 8:00 - 10:00 am

	Please use your browser's "back" button to get to the previous page.