Shadow Pricing Rules for Partially Traded Goods

This paper shows how to shadow price partially traded goods following the standard rules of cost-benefit analysis, i.e. identifying the individuals affected, measuring their corresponding compensating variations, and aggregating those measures according to a distributional value judgement. The analysis is conducted in a partial equilibrium framework, allowing for direct operational application.

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Year of publication:	2005-08-17
Authors:	Londero, Elio
Institutions:	EconWPA
Subject:	accounting prices \| shadow prices \| shadow pricing \| partially traded \| traded goods \| cost-benefit analysis \| project appraisal

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Extent:	application/pdf
Series:	Public Economics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 36 36 pages
Classification:	D6 - Welfare Economics ; D7 - Analysis of Collective Decision-Making ; H - Public Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005408410