Valuation of Non-Market Goods Normally, in CBA, use CS or WTP to measure benefits.
Valuation of Non-Market Goods
1 Travel Cost Method (TCM) The travel cost method is used to estimate economic use values associated with environmental goods and services that are used.
Travel Costs Lecture 18 October 31, 2005 12-706 / 19-702 / 73-359.
