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Matches in SemOpenAlex for { <https://semopenalex.org/work/W2188605385> ?p ?o ?g. }

• W2188605385 abstract "The shadow price algorithm can successfully implement the “Folk” principle when the private sector fails to anticipate a project’s future benefits and costs. Under these conditions the MCF criterion also implements the principle, but the MCF parameter depends upon the timing of the tax increase required to balance the government’s budget. However, the folk principle is a necessary but not sufficient condition for a worthy project. The SOC criterion satisfies the folk principle while also ensuring that tax revenue is spent efficiently." @default.
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• W2188605385 date "2013-01-01" @default.
• W2188605385 modified "2023-09-27" @default.
• W2188605385 title "Project Evaluation and the Folk Principle when the Private Sector Lacks Perfect Foresight" @default.
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