Research Article

Research on the Negative Externalities Evaluation for the Development of Weathered Crust Elution-Deposited Rare Earth Ores

Table 2

Comparison of quantitative evaluation methods of the negative externality.

Evaluation methodsTheoretical basisData volumeComplexityApplicability

Market value methodTheory of supply and demandMediumSimpleStrong
Shadow engineering methodEcological service theorySmallSimpleStrong
Human cost methodWage theoryMediumComplexWeak
Opportunity cost methodUtility valueSmallSimpleStrong
Contingent valuation methodConsumer preference theoryBigGeneralMedium