World Scientific-now publishers Series in Business > Pricing Non-marketed Goods using Distance Functions

Pricing Non-marketed Goods using Distance Functions

Rolf Färe, Oregon State University, USA, Shawna Grosskopf, Oregon State University, USA, Dimitris Margaritis, University of Auckland, New Zealand,
Published: 19 Jun 2019
© 2018 R. Färe, S. Grosskopf and D. Margaritis
Shadow PricesDistance FunctionsNetwork PricingDuality TheoryProduction Models

Table of contents:
1. Overview of the Book
2. Theoretical Underpinnings
3. Distance Functions
4. Mathematical Underpinnings
5. Black Box Pricing Models
6. Network Pricing Models
7. Pricing Models Based on Indirect Distance Functions
8. Pricing Characteristics
9. Shadow Price Estimates of Wetlands in the St. John's Bayou-New Madrid Floodway
10. Pricing Inputs and Outputs in Banking
11. Network Production and Shadow Prices of Knowledge Outputs

Pricing Non-marketed Goods using Distance Functions

Written by production economics and finance specialists Rolf Färe and Shawna Grosskopf of Oregon State University and Dimitris Margaritis of the University of Auckland, Pricing Nonmarketed Goods using Distance Functions, is an inspiring new contribution highlighting the importance of duality theory for valuation purposes, especially for hard to price inputs or resources, intended or unintended goods and assets. The theoretical pricing models are supplemented by self-standing empirical applications covering real estate pricing, environmental preservation, transfer pricing, shadow prices of university knowledge outputs and spillovers, and the pricing of bank equity capital and non-performing loans.

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