Difference between revisions of "Monetarization"
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| − | :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.<section end=glossary /> | + | :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 /> |
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| + | ==References== | ||
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Revision as of 09:54, 23 May 2008
<section begin=glossary />
- 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)
