Cost-Benefit Analysis and Discounting
作者： Satyajit Bose , Guo Dong , Anne Simpson
DOI: 10.1007/978-3-030-05624-7_6
关键词: Value (economics) 、 Preference 、 Revealed preference 、 Social discount rate 、 Economics 、 Ecosystem services 、 Actuarial science 、 Contingent valuation 、 Cost–benefit analysis 、 Discounting
摘要: We outline the project evaluation tool known as cost-benefit analysis and describe methods commonly used to translate value of ecosystem services into monetary units. These include revealed preference (hedonic pricing, travel cost, defensive expenditure) stated (contingent valuation discrete choice experiments). Discounting, a key component analysis, is significant driver conclusions analysis. discuss appropriate choose social discount rate future environmental benefits limitations approach.
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