Constructed market techniques, Public Economics

Constructed Market Techniques

In many cases where environmental goods and services do not enter formal markets we construct a hypothetical market for the purpose of valuation of the environmental function. There are two methods under this category. That is:

  1. Contingent Valuation Method
  2. Contingent Ranking Method

 

 

Posted Date: 12/18/2012 5:35:15 AM | Location : United States







Related Discussions:- Constructed market techniques, Assignment Help, Ask Question on Constructed market techniques, Get Answer, Expert's Help, Constructed market techniques Discussions

Write discussion on Constructed market techniques
Your posts are moderated
Related Questions
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

(b) Assess the application of Kaldor’s compensation principle in resolving Pareto non-comparability and explain how the principle differs from the Hick''s compensation principle

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Since complexity theory as a tool, has not been included in the standard tool kits of our economics courses, it is pertinent to have a basic idea of before proceeding to apply to t

As you know, the principal-agent problem stress the effect of asymmetric information between the principal and the agents on economic outcomes, the equilibrium in a principal-agent

multi unit finance

How burden of public debt is transferred to future generations through reduced capital formation?

With a background from the previous section we now study some of the critical characteristics of policy process. You have already studied earlier various technical theories relatin

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

The marginal external cost associated with the emissions of sulfur dioxide is estimated to be $30 per pound of this chemical per year. Assume that each ton of steel produced per ye