Johansson, Per-Olov
- Stockholm School of Economics
Johansson, Per-Olov; Kriström, Bengt
In this note we discuss two alternative ways of undertaking a social cost-bene t analysis. One approach is the conventional one where ben- e ts and costs are expressed in monetary units. The other approach uses an environmental asset as the payment vehicle. The properties of the two approaches are discussed and the measurement problems are stressed.
Cost-benefit analysis; externalities; choice of numeraire; habitat equivalence analysis; resource equivalency methods
CERE Working Paper
2010, number: 2010:1
Publisher: Centre for Environmental and Resource Economics (CERE)
Social Sciences
Environmental Sciences related to Agriculture and Land-use
Economics and Business
https://res.slu.se/id/publ/32323