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Lina Grundtman Isacs

Profile picture of Lina Grundtman Isacs





About me

In my PhD project, finansed by Formas, I study valuation of nature in decision-making support, looking at theory and practice around valuation made in money-terms and in what is sometimes called "non-monetary valuation". I aim to contribute to making room for value pluralism and ethical concerns in policy impact assessments.

I have a masters degree in economics with a specialisation in environmental economics. My first project at KTH (at the division of Environmental Strategies Research), which ran from June 2013 to March 2015, treated monetary valuation of climate impacts and use of non-renewable energy resources. Prior to KTH, I have worked within research and teaching in environmental and ecological economics at the Swedish University of Agricultural Sciences (SLU) in Uppsala and at Stockholm Resilience Centre, as a public official at the Swedish Chemicals Agency, the Swedish Environmental Protection Agency and for the Swedish parliament, as well as worked as a freelance consultant for different organisations.


Current projects

Shared values of ecosystem services (2015-2020)

Explorative studies of contingent and deliberative valuation methods to assess values of nature

In case studies in the area named Eight Fjords, a marine landscape surrounding the islands of Orust and Tjörn north of Gothenburg at the Swedish west coast, we explore and compare the results of “conventional” monetary valuation methods (so-called stated preference surveys, SP, where value is elicited by asking people about their individual willingness to pay, WTP, for an environmental improvement) and group-based valuation techniques. The latter, so-called deliberative valuation, allows participants time to reflect, deliberate and express values and priorities together with others and have been suggested to address values of human-nature relations that conventional valuation ignores.

Some of our main research questions are:

  • Which values are identifiable and not under different methodological circumstances?
  • What are the underlying motives of different value expressions elicited through “conventional” valuation and deliberated valuation, respectively, from the viewpoint of participants?
  • In what way do value expressions elicited through different methods conflict or overlap?
  • How can we adecuately describe the more subtle values of nature and their importance to individual and social wellbeing, and how can such values be addressed in decision-making material for a sensible environmental management, to enrich it and avoid biases?

To evaluate our results with respect to usability, decision-makers are consulted in deliberative evaluations.

Contrasting value theory and practice of mainstream environmental economics and recent developments in ecological economics, the project touches upon the often-debated issue on how the science of economics can – and cannot – contribute to assessments of use of shared resources where a multitude of values are at stake.

Lina Isacs presents her upcoming work at Havs- och vattenforum 2015 in Gothenburg.

Lina Isacs presents her research plans at the national conference in Gothenburg May 26-27 2015, hosted by the Swedish Agency for Marine and Water Management (HaV).
Photo: Susanne Baden.

Research group of this project

Cecilia Håkansson, Associate professor, environmental economist, KTH

Susanne Baden, Professor, marine ecologist, University of Gothenburg

Hanna Wetterstrand, Stockholm Resilience Centre

The study is run in collaboration with the project leaders of the Eight fjords area, as well as with  Jasper Kenter at the University of York, UK, and Therese Lindahl at the Beijer Institute of Ecological Economics in Stockholm.



Blue health and wealth from the Baltic Sea - a participatory systematic review for smart decisions

See link above to the right. 

Profile picture of Lina Grundtman Isacs


Publication list