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.
"Life-cycle
private costs of hybrid electric vehicles in the current Chinese market." Energy Policy, 55, 501-510 (2013).
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.
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).
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.
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.
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.
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.
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.
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.