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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.
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For this, the current German recommendations [67, 68] for the valuation of resource usage were applied to evaluate the costs from the perspective of the SHI.
To evaluate the costs from the perspective of the SHI, the current German guidelines for the valuation of resource usage were applied.
The principle of opportunity cost will underlie the valuation of resource use.
Monetary valuation of resource use was undertaken by attaching unit costs to recorded quantity data.
When neither standard unit prices nor tariffs are available for specific resource items in specific countries, alternative strategies for the valuation of resource use will be considered.
For this, the current German guideline [ 22] for the identification and valuation of resource usage was applied to evaluate the costs from the perspective of the SHI.
Second, the valuation of resource use data was based on the Dutch manual for cost analysis in health care research, using standardized cost prices [ 28].
A cost analysis is subdivided into the identification, quantification, and valuation of resources.
Several methods exist for economic valuation of resources which include, but are not limited to, hedonic price (HPM), travel cost (TCM), choice experiment (CE) and CVM.
If "honest" valuation of resources is not of the highest priority for participating operators, they could agree on other double discontinuous auction type that does not include payments to the broker.
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CEO of Professional Science Editing for Scientists @ prosciediting.com