How do you estimate the monetary value of the following? Is there any rationality in any approach
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How do you estimate the monetary value of the following? Is there any rationality in any approach adopted?
• The resumption of a person’s house (perhaps in order that a road can be widened)? (Refer to the movie The Castle, Village Roadshow, 1997, where a distinction was made between a house and a home.)
• Dislocation of a community by routing a road through the middle of a neighbourhood?
• The loss of habitat of an endangered species of flora or fauna?
• A national park? A suburban playground? A tree?
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Related Book For
Infrastructure Investment An Engineering Perspective
ISBN: 9781466576698
1st Edition
Authors: David G. Carmichael
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