Saesneg: non-use value

Rhan ymadrodd

Enw, Gwrywaidd, Unigol

Diffiniad

Non-use value is the value that people assign to economic goods (including public goods) even if they never have and never will use it. It is distinguished from use value, which people derive from direct use of the good. The concept is most commonly applied to the value of natural and built resources.