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Author : Ezra J. Mishan

 : Costs of Economic Growth

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...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.

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     10 -- Added : April 15, 2020

     10 -- Updated : July 10, 2022

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