El salario de mercado ¿un precio mentiroso? Estimación del costo de oportunidad del trabajo. Estudio de caso Bolivia (Market Wage of Labor a Poor Indicator? Measuring the Social Opportunity. Cost of Labor in Bolivia)

2020 ◽  
Author(s):  
Raúl Castro ◽  
Cristhian Acosta
Keyword(s):  
Opportunity Cost ◽  
The Social ◽  
Poor Indicator ◽  
Market Wage ◽  
Estudio De Caso

On Measuring the Social Opportunity Cost of Labour in the Presence of Tariffs and an Informal Sector (The Distinguishedl Lecture)

1992 ◽  
Vol 31 (4I) ◽  
pp. 535-564 ◽  
Author(s):  
M. Ali Khan
Keyword(s):  
Informal Sector ◽  
Opportunity Cost ◽  
Costs And Benefits ◽  
Open Letter ◽  
Review Of The Literature ◽  
The Social ◽  
Action Project ◽  
Relevant Group ◽  
Net Benefits ◽  
The Individual

Harberger introduced his influential 1971 essay with the following words. This paper is intended not as a scientific study, nor as a review of the literature, but rather as a tract - an open letter to the profession, as it were - pleading that three basic postulates be accepted as providing a conventional framework for applied welfare economics. The postulates are: (a) The competitive demand price for a given unit measures the value of that unit to the demander; (b) The competitive supply price for a given unit measures the value of that unit to the supplier; and (c) When evaluating the net benefits or costs of a given action (project, programme, or policy), the costs and benefits accruing to each member of the relevant group (e.g., a nation) should normally be added without regard to the individual(s) to whom they accrue.

scholarly journals The most appropriate discount rate

2013 ◽  
Vol 4 (03) ◽  
pp. 391-400 ◽  
Author(s):  
David F. Burgess ◽  
Richard O. Zerbe
Keyword(s):  
Private Sector ◽  
Discount Rate ◽  
Opportunity Cost ◽  
Time Preference ◽  
Cost Of Capital ◽  
Rate Of Return ◽  
Social Time ◽  
The Social ◽  
Benefits And Costs

The social opportunity cost of capital discount rate is the appropriate discount rate to use when evaluating government projects. It satisfies the fundamental rule that no project should be accepted that has a rate of return less than alternative available projects, and it ensures that worthy projects satisfy the potential Pareto test. The social time preference approach advocated by Moore et al. fails to satisfy either of these criteria even in the unlikely case that the private sector behaves myopically with respect to a project’s future benefits and costs.

scholarly journals Kelayakan Usaha Ternak Kambing Menurut Sistem Pemeliharaan, Bangsa, dan Elevasi di Yogyakarta

2017 ◽  
Vol 10 (2) ◽  
pp. 75
Author(s):  
Tri Anggraeni Kusumastuti
Keyword(s):  
Opportunity Cost ◽  
Net Present Value ◽  
Production Factor ◽  
Present Value ◽  
Livestock Breeding ◽  
The Social ◽  
Intensively Managed ◽  
Good Export ◽  
Break Even Point ◽  
The Village

<p>The objective of this study was to analyze the feasibility business for goat based on keeping system, keept, the livestock breed and elevation. The study was carried out in four districts of Yogyakarta. Purposive random techniques were used. The samples were selected based on the village group system, breeds (Kacang, Bligon and Etawa Crossbreed Goat and elevation (low, medium and high). The socio-economic were the Break Even Point, B/C ratio, and Net Present Value (NPV) of the farmers. The results showed that Etawa Crossbreed Goat have a highest income to increase the productivity of goats. Moreover, the goat breeding business was profitable when there were minimally 2-3 doe on the assumption that the livestock breeding was intensively managed. In general, the B/C ratio value was bigger than 1 and the NPV was positive, indicated that the goat was feasible because it could provide the breeders with the profit that surpassed the social opportunity cost, which was the used capital production factor. It is recommended that Kacang goats may be developed due to the pure breed and good export opportunity.</p><p>Key words : feasibility study, the keeping system, livestock breed, elevation</p>

Code, culture and cash: The fading altruism of open source development (originally published in Volume 6, Number 12, December 2001)

First Monday ◽  
2005 ◽  
Author(s):  
David Lancashire
Keyword(s):  
Economic Theory ◽  
Open Source ◽  
Opportunity Cost ◽  
Social Institutions ◽  
Industrial Systems ◽  
The Social ◽  
International Distribution ◽  
Classical Economic ◽  
Open Source Development

The nexus of open source development appears to have shifted to Europe over the last ten years. This paper explains why this trend undermines cultural arguments about "hacker ethics" and "post-scarcity" gift economies. It suggests that classical economic theory offers a more succinct explanation for the peculiar international distribution of open source development: hacking rises and falls inversely to its opportunity cost. This finding throws doubt on the Schumpeterian assumption that the efficiency of industrial systems can be measured without reference to the social institutions that bind them.

On a social discount rate for forestry

1985 ◽  
Vol 15 (5) ◽  
pp. 927-934 ◽  
Author(s):  
P. A. Harou
Keyword(s):  
Discount Rate ◽  
Opportunity Cost ◽  
Cost Of Capital ◽  
Shadow Price ◽  
Social Benefits ◽  
Review Of The Literature ◽  
Social Discount Rate ◽  
The Social ◽  
Forestry Investments ◽  
Present Worth

After a review of the literature on the discount rate in economics and forestry, a methodology is proposed to arrive at an appropriate social discount rate to appraise public forestry investments. In the proposed approach, the opportunity cost of capital is considered in the establishment of a shadow price of investment. The social discount rate, which should weight the project net social benefits through time, is an unknown of the net present worth equation set equal to zero.

The social opportunity cost of rural labour

1982 ◽  
Vol 16 (2) ◽  
pp. 113-120 ◽  
Author(s):  
Ian Hodge
Keyword(s):  
Opportunity Cost ◽  
The Social

Climate change, intergenerational equity and the social discount rate

2014 ◽  
Vol 13 (4) ◽  
pp. 320-342 ◽  
Author(s):  
Simon Caney
Keyword(s):  
Climate Change ◽  
Climate Policy ◽  
Opportunity Cost ◽  
Future Generations ◽  
Social Discount Rate ◽  
Time Discounting ◽  
Adequate Response ◽  
The Social ◽  
Economic Analyses ◽  
Mitigation Policies

Climate change is projected to have very severe impacts on future generations. Given this, any adequate response to it has to consider the nature of our obligations to future generations. This paper seeks to do that and to relate this to the way that inter-generational justice is often framed by economic analyses of climate change. To do this the paper considers three kinds of considerations that, it has been argued, should guide the kinds of actions that one generation should take if it is to treat both current and future people equitably. In particular it examines the case for what has been termed pure time discounting, growth discounting and opportunity cost discounting; and it assesses their implications for climate policy. It argues that none of these support the claims of those who think they give us reason to delay aggressive mitigation policies. It also finds, however, that the second kind of argument can, in certain circumstances, provide support for passing on some of the costs of mitigation to future generations.

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