Glossary Element  surrogate markets

Source
Contributor
Approved Yes
English term surrogate markets
Language Translations
French marché succédané
English definition markets used in place of the missing markets for environmental resources. Surrogate markets are at least existing markets for resources with some of the properties of the non-marketed resource being valued. [GBA]
Language Translations
French Marché utilisé à la place de marchés manquants pour les ressources environnementales. Ces marchés existent dès que des ressources ayant certaines des propriétés de la ressource absente du marché peuvent être valorisées. [GBA]