Cost-based methods, Public Economics

Cost-based Methods

There are five cost-based valuation tools. These tools take the cost of maintenance of the environmental function as its value. The five methods are as follow:

  1. Indirect Opportunity Cost
  2. Restoration Cost
  3. Replacement Cost
  4. Relocation Cost
  5. Preventive Expenditure

 

 

Posted Date: 12/18/2012 5:42:32 AM | Location : United States







Related Discussions:- Cost-based methods, Assignment Help, Ask Question on Cost-based methods, Get Answer, Expert's Help, Cost-based methods Discussions

Write discussion on Cost-based methods
Your posts are moderated
Related Questions

U=4X+G where X is private spending and G is public spending. what is the marginal rate of substitution between public and private

A change in the legal statute may be able to force an equilibrium if it leads to a new equilibrium which implies some revised belief which sustains the equilibrium. Tirole (1996)

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

Case for the Market   With  the objective of maximising total value of output  focused on  observing real  factors of production, through the  logical  'tool  of marginal produ

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

Explain how the price system answers the five fundamental questions of economics, and talk about at least two of the short-comings of the capitalist price and market system.

Draw a simple circular flow of income model for a private sector economy.  Label all of the flows, as well as the markets where all exchanges take place.  Describe the exchanges, a

Question: Awards for excellent performance are increasingly employed within the public service in many countries. These will or will not have a financial value. Performance-rel

Problem: (a) What do you meant by public policy? What does the study of public policy involve? (b) How are problems that might lead to public policy identified and defined?