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Pricing Nonmarketed Goods Using Distance Functions

by Rolf Fare, Shawna Grosskopf and Dimitris Margaritis World Scientific / Now Publishers
Pub Date:
Hbk 168 pages
AU$155.00 NZ$158.26
Product Status: Available in Approx 14 days
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Written by production economics and finance specialists Rolf F+├▒re and Shawna Grosskopf of Oregon State University and Dimitris Margaritis of the University of Auckland, Pricing Nonmarketed Goods using Distance Functions, is an inspiring new contribution highlighting the importance of duality theory for valuation purposes, especially for hard to price inputs or resources, intended or unintended goods and assets. The theoretical pricing models are supplemented by self-standing empirical applications covering real estate pricing, environmental preservation, transfer pricing, shadow prices of university knowledge outputs and spillovers, and the pricing of bank equity capital and non-performing loans.