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Public and private good values of statistical lives: Results from a combined choice experiment and contingent valuation survey By Jon Strand Department of Economics University of Oslo Box 1095, Blinder,
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What is public- and private-good values?
Public-good values refer to the benefits or values that are shared by a community or society as a whole, such as public infrastructure or education. Private-good values, on the other hand, are benefits or values that are exclusive to individuals or private entities, such as personal property or business profits.
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The requirement to file public- and private-good values varies depending on the jurisdiction and the specific context. Generally, individuals, businesses, and organizations may be required to report these values to government agencies, tax authorities, or regulatory bodies.
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The purpose of reporting public- and private-good values is to provide transparency and accountability in various sectors, such as taxation, public policy, or regulatory compliance. It allows stakeholders and authorities to assess the contributions, benefits, or impacts of public and private goods in a given context.
What information must be reported on public- and private-good values?
The specific information that must be reported on public- and private-good values can vary depending on the jurisdiction and reporting requirements. Generally, it may include details such as financial values, asset descriptions, qualitative assessments, or other relevant information that helps in evaluating the nature and magnitude of these values.
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