Abstract
Externalities have been thoroughly explored in economic theory; and since the mid sixties, approximately, environmental issues have become increasingly important. Nowadays every decision in the transport field places great weight upon external or environmental effects. But any real economic assessment implies a monetary valuation. To what extent is a monetary valuation meaningful, useful, and implementable as far as the environment is concerned? This is the general subject of this communication, which has four sections.
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Quinet, E. (1996). Valuations of Environmental Externalities: Some Recent Results. In: Batten, D.F., Karlsson, C. (eds) Infrastructure and the Complexity of Economic Development. Advances in Spatial Science. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-80266-9_15
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