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Report, 2010

A note on how to undertake a cost-benefit analysis in monetary and environmental units

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

Published in

CERE Working Paper
2010, number: 2010:1
Publisher: Centre for Environmental and Resource Economics (CERE)

    SLU Authors

    • Johansson, Per-Olov

      • Stockholm School of Economics
    • UKÄ Subject classification

      Social Sciences
      Environmental Sciences related to Agriculture and Land-use
      Economics and Business

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