() and Bengt Kriström
Per-Olov Johansson: Stockholm School of Economics
Bengt Kriström: CERE, SLU-Umeå and Umeå University, Postal: CERE, SLU, 901 87 Umeå, Sweden
Abstract: In this note we discuss two alternative ways of undertaking a social cost-benefit analysis. One approach is the conventional one where benefits 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.
9 pages, April 6, 2010
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