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To further advance the debate and also concretely demonstrate likely economic outcomes, the article provides indicative monetary valuations of quota allocations proposed.
Additionally, we have conducted some interventions to explore the daily monetary valuations of four categories of mobile personal data (phone communications, app usage, location data and media usage) [35] and the location-sharing preferences of the participants [36].
Contingent valuation (CV) is a survey-based hypothetical and direct method to estimate monetary valuations of effects of health technologies [ 1].
The validity of CV to elicit monetary valuations of health care provisions has been adequately established in the literature [ 2- 6].
Monetary valuations of resource use should be made with data that are specific to the context where a policy decision must be made using transparent and locally relevant unit costs.
In health economics, WTP and ATP are hypothetical but direct methods to determinate monetary valuations of effects of health care technologies that have been widely used in a broad range of different diseases [ 7].
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In fact, the Office for National Statistics calculates in its paper "Monetary Valuation of UK Continental Shelf Oil & Gas Reserves" that as of 31 December 2011, the actual monetary value of untapped reserves to the Treasury is a £120bn – some 12 times lower than the Scottish government estimate.
Among the strategies discussed is the crucial call to alter the way in which we calculate cost and profit so as to include some sort of monetary valuation of the depletion of natural capital and also some way of assessing impacts on individual and social well-being.
We argue that monetary valuation of ES can contribute to this challenge.
Contingent valuation (CV) uses the stated preference of the individual to elicit the monetary valuation of health improvements.
There is limited up-to-date knowledge about the monetary valuation of improved reliability for freight transports.
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