Difference between revisions of "Monetarization"
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[[Category:Glossary term]]<section begin=glossary /> | [[Category:Glossary term]]<section begin=glossary /> | ||
| − | : | + | :'''Monetarization''' is a transformation of results of risk assessments for all risk categories (e.g. mortality, morbidity, acidification, global warming, ...) into monetary values, allowing to compare and add all kinds of risks. The monetary values per unit risk are in principle derived from stated or revealed preferences of the affected population.<ref name="USTUTT">USTUTT (Stuttgart University)</ref><section end=glossary /> |
Latest revision as of 12:58, 17 November 2009
<section begin=glossary />
- Monetarization is a transformation of results of risk assessments for all risk categories (e.g. mortality, morbidity, acidification, global warming, ...) into monetary values, allowing to compare and add all kinds of risks. The monetary values per unit risk are in principle derived from stated or revealed preferences of the affected population.[1]<section end=glossary />
References
- ↑ USTUTT (Stuttgart University)
