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L. Fusco Girard et al.

The quality itself of the landscape depends on the density of circular processes, of symbioses, of synergies, that multiply the ow of benets.

17.1.3The Complex Social Value of Cultural Terraced Landscape as Common Good

Cultural terraced landscapes can be considered common goods. Their value is not linked to a market value, but to quality of life, and thus to the satisfaction of human needs. However, terraced landscapes have also an intrinsic valuethat is linked to their capacity of supporting ecosystems, and thus life. This value is independent from human use. The value of terraced landscapes should be understood within a complex notion of value of natural and cultural resources. They contribute to human well-being and thus have a complex social value (Fusco Girard 1987; Fusco Girard and Nijkamp 1997; Forte and Fusco Girard 2009), which depends on their value for all stakeholders, including future generations. The complex value includes instrumental values and independent-of-use values. Cultural terraced landscapesrepresents a symbol of common and shared characteristics, rooted in the history of a community, which will be demanded by future generations. The complex social value can be understood as the comprehensive ow of net multidimensional ben- ets coming from the existence of a particular resource. It includes:

a use value, which depends on its localization (e.g. real estate values), state of conservation (related to costs), re-functioning possibilities (economically productive/non-productive functions), branding (attractiveness for tourism/local use);

an independent-of-use value, which is linked to its historiccultural signicance, symbolic value for the community, local identity that it expresses/conveys, and its value for future generation.

The comprehensive ow of net benets, coming from agricultural, touristic, ecosystems productivity, from the well-being perception of people, is the Complex Social Valueof the landscape.

The proposal here is oriented to interpret terraced landscapes as comprehensive/ complex landscapes, as a key local resource for implementing circular economic processes preserving and enhancing their intrinsic value, turning cultural heritage/landscape into an economically attractive resource, also able to strengthen social awareness and cohesion. In this perspective, terraced landscape enhances the territory multidimensional productivity.

The following section explores which multidimensional evaluation methods and tools can be used to assess the complex value of terraced landscapes, supporting the transition towards a circular economy by producing evidence of the costs and benets of landscape abandonment versus regeneration options.