Opportunity Cost
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Recent papers in Opportunity Cost
The Grameen Bank of Bangladesh has been in the vanguard of the microfinance movement, showing the potential to alleviate poverty by providing credit to poor households. Part of this success has been built on subsidies. In 1996, for... more
Current payment for environmental service (PES) schemes face challenges in the form of evaluation of opportunity costs and ecosystem service delivery, high transaction costs, and difficulties in ensuring conditionality. Even when these... more
Research in entrepreneurial finance generally assumes that growth-oriented ventures lacking internal funds have to attract external finance or alternatively have to keep their growth ambitions in check. An often ignored alternative is... more
Marine biodiversity is a resource of enormous importance to human societies that provides critical ecosystem services. Economic valuation of some services has been utilized to promote conservation initiatives by revealing a tangible and... more
Several payments for environmental services (PES) schemes to promote large-scale afforestation are currently operational in New Zealand. In addition, the country has the only national greenhouse gas (GHG) Emissions Trading Scheme centred... more
This paper explores the critical importance of diversity in technology education for fostering innovation qualities, new knowledge and capabilities among learners for the knowledge economy. It asserts that the premise for increasing... more
Abstract This paper discusses the key issues and concerns in the Cambodian government's efforts to implement three priority education policies for 20062010: ensure equitable access to education; increase quality and efficiency... more
The theory of costs is a cornerstone of economic thinking, and figures crucially in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role... more
Although cloning may eventually become an important technology for livestock production, four ethical issues must be addressed before the practice becomes widespread. First, researchers must establish that the procedure is not detrimental... more
There is much discussion about how in-game economies emerge and evolve—particularly how they deal with money and inflation. But games incorporate economics at even more basic levels. Indeed, many gamers are already using the economic way... more