private costs

private costs

the costs (EXPLICIT COSTS and IMPLICIT COSTS) incurred by firms for the use of FACTOR INPUTS in producing their OUTPUTS. Compare SOCIAL COSTS.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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References in periodicals archive ?
Charles pays for the public duties of Harry and Meghan and the Duke and Duchess of Cambridge, and some of their private costs, out of his multimillion pound Duchy of Cornwall income.
Prince of Wales foots big bill for Dukes and Duchesses' public activities; Over two years, the figure has risen more than [pounds sterling]1.5m to more than [pounds sterling]5m
"Life-cycle private costs of hybrid electric vehicles in the current Chinese market." Energy Policy, 55, 501-510 (2013).
FRAMEWORK OF A DECISION SUPPORT SYSTEM FOR ELECTRIC VEHICLE INVESTMENT PROJECT ASSESSMENT
The adult smoker's health and productivity belong to him, so his decision to smoke involves only private costs, which (in his evaluation) are lower than the subjective benefits he obtains from smoking.
The war on consumer surplus: to fight tobacco use, "prominent economists" have turned welfare economics on its head
In order to find that out, we have to add, to the private costs and benefits of mining (those borne by or accrue to the mining companies), its social costs and benefits (those not borne by or accrue to the mining companies).
Is it worth it? And to whom?
It first briefly describes the different kinds of information flows that can result in losses of privacy and the private costs and benefits to the participants in these information flows.
Unilateral invasions of privacy
Admati suggests that the widely held view that 'holding equity is costly' results from a focus on the private costs to bankers and their shareholders of not being able to pass on risk to creditors and taxpayers in this way.
Financial regulation: are we reaching an efficient outcome?
Policymakers seek to minimize the total energy-related social costs, which include both private costs, [c.sub.i](.), and the social damages associated with energy consumption, such as increased climate-change-related harms from increased greenhouse gas emissions.
Improving Energy Codes
His comments follow those of Labour's South Shields MP Emma Lewell-Buck, who said in Parliament in December that mourners wishing to avoid what some see as the stigma and shame of a "pauper's funeral", face average private costs of PS3,551, which rises to as much as PS7,000 in some areas.
Ever faithful to friendship cause; His successful battle to grant Sikhs and Hindus in the UK the right to hold funeral pyres bankrupted him and took its toll on his health -but now Anglo-Asian Friendship Society president Babaji Davender Ghai is back at the forefront of efforts to bring harmony on this and other issues. MICHAEL MARSH spoke to him
birth rate is nearly ideal for overall standard of living, but that birth rates in parts of Asia and Europe are so low that they reduce living standards when public and private costs are included.
Low birth rate can bring surprising economic benefits: Global Study
Mourners wishing to avoid what some see as the stigma and shame of a "pauper's funerals", face average private costs of PS3,551, which rises to as much as PS7,000 in some areas.
DIY BURIALS IN GARDENS AS FUNERAL COSTS SOAR
Specifically, individual voters will choose levels (equating marginal private benefits and marginal private costs) that are in excess of those which equate marginal social benefits and costs, a classic "externality" case in the jargon of economics.
A note on monitoring costs and voter fraud

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