People :
Author : Ezra J. Mishan
: Costs of Economic Growth
Text :
...consumers' surplus, when used as an index of the benefits to be derived from private automobile travel, may give perverse results...
From : Part Four, Appendix C: A Note on the Interpretation of the Benefits of Private Transport, Page 183..
Chronology :
April 15, 2020 : 10 -- Added.
July 10, 2022 : 10 -- Updated.
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