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Shadow Pricing Market Access: A Trade Benefit Function Approach.
One of the difficulties with CBA is the data required to estimate the relevant benefit function.
Utility functions are used to express grid user' preferences, resource provider's benefit function and system's objectives.
The commission's line that it cannot determine the merits of a political purpose is not tenable in the light of its new public benefit function.
The core-area, additive benefit function and targeting benefit function variants of Zonation have interesting conceptual differences in how they treat and trade off between species in the planning process.
In the benefit function framework the objective is to maximize the value of the reserve network, however value is defined.
A multi-period elastic residual demand economic model based on the self- and cross-price elasticities and customers' benefit function is used.
In such problems the amount of water to be released from each reservoir is chosen to minimize a nonlinear cost (or maximize benefit) function while satisfying proper constraints.
We analyse public goods games in which the shape of the benefit function can evolve, in order to determine the optimal and evolutionarily stable Hill coefficients.
The claim that transfer of WTP adjusted by the benefit function outperforms transfers of unadjusted or simple income-adjusted WTP is rejected for this particular study.
In one benefit function formulation value is a sum over species-specific values, and species-specific value is an increasing function of representation.
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