Documents Valuation of Non-Market Goods Normally, in CBA, use CS or WTP to measure benefits.

Slide 1Valuation of Non-Market Goods Normally, in CBA, use CS or WTP to measure benefits Slide 2 D P Q P0P0 P1P1 a b CS = P 0 abP 1 CS - if market price exists Slide 3 QoQo…

Documents 1 Travel Cost Method (TCM) The travel cost method is used to estimate economic use values associated...

Slide 1 1 Travel Cost Method (TCM) The travel cost method is used to estimate economic use values associated with environmental goods and services that are used for recreation.…

Documents Travel Costs Lecture 18 October 31, 2005 12-706 / 19-702 / 73-359.

Slide 1 Travel Costs Lecture 18 October 31, 2005 12-706 / 19-702 / 73-359 Slide 2 Admin Issues zFinal Project Outlines zLandfill Gas Projects zHW 5 Due next Monday (sorry).…

Documents Valuation of Non-Market Goods

Valuation of Non-Market Goods Normally, in CBA, use CS or WTP to measure benefits D P Q P0 P1 a b ∆CS = P0abP1 ∆CS - if market price exists Qo Q1 a b D P Q WP = Q0abQ1…