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







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