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

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