Non-use value

{
  "id": "MLC-T-ENV-019067",
  "term": "Non-use value",
  "field": "Environment",
  "definition": "The value that an individual may derive from a good or resource without consuming it, as opposed to the value obtained from use of the resource. Non-use values can include bequest value, where an individual places a value on the availability of a resource to future generations; existence value, where an individual values the mere knowledge of the existence of a good or resource; and paternalistic altruism, where an individual places a value on others’ enjoyment of the resource.",
  "subject": "General environmental",
  "references": [
    "Preparing Economic Analyses Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/non-use-value/"
}