tag:blogger.com,1999:blog-19798349.post115512482796105051..comments2024-03-22T12:20:48.920+00:00Comments on open...: The Price of Everything, the Value of NothingGlyn Moodyhttp://www.blogger.com/profile/04436885795882611585noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19798349.post-1155194899747985772006-08-10T07:28:00.000+00:002006-08-10T07:28:00.000+00:00Yes, the business about people being valued accord...Yes, the business about people being valued according to how much they have the cheek to demand rather than how much they know is very worrying.Glyn Moodyhttps://www.blogger.com/profile/04436885795882611585noreply@blogger.comtag:blogger.com,1999:blog-19798349.post-1155173668209192112006-08-10T01:34:00.000+00:002006-08-10T01:34:00.000+00:00Really interesting...of course it's the setting of...Really interesting...of course it's the setting of the discount rate that can make or break such models. It will be interesting to see if the modelers choose a rate (5% is typical at the US Forest Service) or if it allows the user to set one....better to keep such things quiet from some city councils (What rate would you LIKE me to choose?)<BR/><BR/>I have to agree on the point of things being "worthless" without a price. I manage a group of public sector economists who are usually ignored by policy makers since they are not highly paid consultants (who incidently use our data anyhow).<BR/><BR/>Anyhow, thanks for the great posts. Always interesting!Anonymoushttps://www.blogger.com/profile/13441809988487585009noreply@blogger.com