This paper makes two contributions: we shed light on the value of two marine ecosystemfrom the point of view of those living in them and add to the growing literature on the linksbetween the value of time and the value of non-priced goods. We show theoretically that WTP,for a small environmental...

Large data centers enjoy government support in many countries. These centers are not laborintensive, but energy-intensive, thus tending to push up electricity prices and possibly crowding out labor-intensive firms. In addition, when owned by multinational companies, profits are difficult to tax...

Abstract : Large data centers enjoy government support in many countries. These centers are energy-intensive, thus tending to push up electricity prices and possibly crowding out labor-intensive firms. In addition, when owned by multinational companies, profits are difficult to tax in the...

In this note we discuss how to treat taxes in a cost-benefit analysis (CBA). In particular we relate the shadow price of taxes in CBA to the concepts the marginal cost of public funds MCPF) and the marginal excess burden (MEB) of taxes. In particular we demonstrate that the MCPF is equal to one...