Valuation of Environmental Assets |
The most crucial factor in answering a valuation problem of any kind of good or commodity is the market for that particular good in question. A market offers comparable to all purchasers of goods as well as to the valuers. The prices set in a market serveas the ready reckoner of value. If perfect comparable were available services of no valuers were necessary. In the goods and commodities market usually plenty of comparables of the same type of goods and commodities are inexistence.