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Cheapest Cost Avoider Principle
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Cheapest Cost Avoider Principle

Road transport, like most human activities, has negative side effects like emissions and noise. These are labelled as “external effects” and the costs associated to these are called “external costs”. The question is how to reduce these costs in an optimal way. The Cheapest Cost Avoider Principle provides the answer.

Published on: 16/06/2008 - 17:35
Author: IRU
Type of document: Reports & publications
Category: Economy/Trade facilitation, Goods transport
Region: Global
Size: 3 pages