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Nonmarket Economic Valuation and "The Economist’s Fallacy"

It is important that noneconomists understand and consider three key points regarding the use of economic cost-benefit analysis. First, economists undertaking applied cost-benefit analyses use expected values by necessity in forward-looking models. Second, economists tally changes in economic value...

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Hovedforfatter: Murray A Rudd
Format: Artigo
Sprog:Inglês
Udgivet: The Evaluation Center at Western Michigan University 2009-01-01
Serier:Journal of MultiDisciplinary Evaluation
Fag:
cost-benefit analysis
nonmarket valuation
stated preferences
public goods
opportunity costs
commentary
Online adgang:https://journals.sfu.ca/jmde/index.php/jmde_1/article/view/221
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