Marginal rate of substitution of multidimensional well-being for affected residents of the dam, Pak Mun Dam.

The marginal rate of substitution shows that negatively affected residents of Pak Mun Dam are willing to trade three units of economic well-being to gain one more unit of social well-being. Marginal rate of substitution (MRS) provides important information to the government regarding such trade-offs...

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Bibliographic Details
Main Authors: Pattaraphongpan Chaiyamart, William Gartner
Format: Article
Language:English
Published: Ümit Hacıoğlu 2021-05-01
Series:International Journal of Research In Business and Social Science
Subjects:
Online Access:https://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/1134