<p>First published in 1978 <i>The Valuation of Social Cost </i>is concerned both with the idea and with the practical problems of placing monetary values on 'intangible' non-marketed goods such as pollution noise nuisance personal injury or the loss of home neighbours or recreational benefit. A diverse range of contributors critically assess both the theoretical issues and the practical attempts made by economists and others to 'monetise' items which cannot be bought or sold.</p>
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