ikkemarkedsutfall
Ikkemarkedsutfall is a Danish term that translates to "non-market outcome" or "non-market value" in English. It refers to the value or impact of goods and services that are not traded in a formal market and therefore do not have a readily observable market price. This can include a wide range of things, such as the benefits derived from environmental resources like clean air and water, the social value of community spaces, or the intangible benefits of biodiversity.
Estimating the value of non-market outcomes is a complex challenge for economists and policymakers. Since there
Understanding and quantifying non-market outcomes is crucial for informed decision-making, particularly in areas like environmental policy,