Changes between Version 1 and Version 2 of EwEugNonMarketPrice
- Timestamp:
- 2010-11-23 01:11:16 (13 years ago)
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EwEugNonMarketPrice
v1 v2 1 1 == 6.16 Non-market price == 2 2 3 Shadow 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].3 Shadow 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].