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Changes between Initial Version and Version 1 of EwEugNonMarketPrice


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Timestamp:
2010-02-05 15:56:08 (10 years ago)
Author:
varunr
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  • EwEugNonMarketPrice

    v1 v1  
     1== 6.16 Non-market price == 
     2 
     3Shadow price or non-market price represents the value of a resource in the ecosystem, e.g., for non-exploitative uses. Values should be expressed in monetary units per unit biomass. At present it is assumed that there is a linear relationship between the biomass of a resource and its non-market price (if there is any). Hence, for groups with a non-market price it is assumed that a doubling in biomass will lead to a doubling of the resource’s non-market value. See also [wiki:EwEugOffVesselPrice Off-vessel price].