Publication details

Hedonic Price Method: Racionality of Usage in the Czech Republic shown on example of surface winning

Authors

SOUKOPOVÁ Jana

Year of publication 2008
Type Article in Proceedings
Conference Sustainable accounting and reporting on micro-economical and macro-economical level
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords Hedonic price method; rationality; non-market methods; price; value
Description Appraisement of any goods (items, services) is usually done by offer and demand comparison, i.e. by comparing of the costs of creating the good (offer price) against the expected profit from its use (demand price). His comparison is being done in most of the goods in the private sector. However much more difficult is the appraisement of goods with non-existing markets (or imperfect ones), such is in the case of the various environmental goods and services. For appraisement of these environmental sources as well as for appraisement of the environmental damage and losses, the methods of non-market valuation are being used.

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