In Austria, the land-owner is entitled to claim financial compensation from the tenant of the hunting right for damage caused by game in terms of browsing. This legal requirement necessitates the valuation of the respective damage. For this purpose, the ‘Hilfsmittel zur Erhebung und Bewertung von Verbiß- und Fegeschäden published by Pollanschütz are widely used. The thesis investigates the specific problems of valuation. By confronting the ‘Hilfsmittel with alternative approaches, methodological shortcomings and possibilities for respective improvements are to be identified. A precise definition of damage which reflects the goals of forest management is a prerequisite for any respective assessment. In the context of compensation of browsing-damage it is usually assumed, that it is the owners aim to generate income from their forests. The thesis considers potential economic consequences of browsing and shows, whether and how they are covered by established methods of valuation. To cope with the complex situation concerning the effects of browsing in the context of valuation, simplifying assumptions have to be made. The thesis reveals, that the ‘Hilfsmittel are, at least partially, based on disputable assumptions and appear not to be entirely consistent. In general, concepts that focus on the single tree or the proportion of browsed trees do not meet recently stipulated requirements of sound valuation. In order to better cope with the problem of uncertainty and complex relationships between the act of browsing and future impacts on earnings it is suggested to develop a scheme of valuation covering the whole time span until the stand as such is no longer endangered by browsing.