Your English writing platform
Discover LudwigExact(3)
Instead of calculating opportunity cost as the value of the single most attractive foregone alternative, we seem to assemble an idealistic composite of all the options foregone.
Over time, I developed a method for borrowing from savings and calculating opportunity cost as an interest rate, similar to how banks charge interest on loans.
However the average monthly household income for rural areas (US$125.65) from the last Uganda National Household Income Survey [ 23] was used for calculating opportunity costs as this was deemed a more representative value.
Similar(57)
Consumers classified as frugal are evidently more predisposed than spendthrifts to calculate opportunity costs without cues.
Participation in the program is rendered attractive by remuneration that exceeds the calculated opportunity costs (Marggraf 2000).
Moreover, we did not calculate opportunity costs such as the productivity loss from participating in an MMT program and the cost of police time spent dealing with crimes.
We found that the median calculated opportunity-based score for these hospitals was 95.5 (interquartile range, 90.4, 98.0).
We estimated the potential, or upper limit of directional selection by calculating the opportunity for selection (Im) and the opportunity for sexual selection (Is) following the methods of Wade (1979) and Wade and Arnold (1980).
We present a novel method for calculating the opportunity costs to fishers from their displacement by the establishment of marine protected areas (MPAs).
TEEB's experts are now putting price tags on forests and other natural boons, typically by calculating the opportunity cost of cutting them down and selling them off.A draft TEEB report on the Amazon rainforest exemplifies its approach.
Geographical isolation and uneven distribution of income are two crucial factors to take in account for people in calculating the opportunity cost of going to school for their children.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com