The Valuation of Social Cost (Routledge Revivals)Author :
Hardback
Published : Friday 12 April 2013
Description
First published in 1978, The Valuation of Social Cost is concerned both with the idea, and with the practical problems, of placing monetary values on `intangible, non-marketed goods, such as pollution, noise nuisance, personal injury, or the loss of home, neighbours or recreational benefit. A diverse range of contributors critically assess both the theoretical issues and the practical attempts made by economists and others to `monetise items which cannot be bought or sold.
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