Economics, Econometrics and Finance
8 years ago

Unlocking the Economic Theory Behind Nonmarket Valuation Techniques for Impactful Decisions.

1 view
˜The œEconomics of non-market goods and resources
Conceptual Framework for Nonmarket Valuation
Nicholas E. Flores

Paper Summary

Understanding economic theory is crucial for accurately valuing things that don't have a market price. This chapter explains the theory needed to use nonmarket valuation techniques effectively.

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