[M]

McClements scale 91

management

of appraisals and evaluations 7

see also benefits realisation management; contract management; information management and control; programme and project management; risk management

marginal utility

definition 24, 103

deriving distributional weights 93-4

landscape 65

social time preference rate 97, 98

marital status, discrimination law 94-6

market failure 11, 51, 52, 103

market power 52

see also monopoly suppliers

market prices see prices

market rents see rents

market value 69, 70, 103

maximin return 38

measurement

emissions and climate change effects 64-5

non-market impacts 57-67

performance 43

unvalued costs and benefits 34-6

see also valuation

million tonnes of carbon-dioxide equivalent (MtCO2) 64

minimum internal rate of return (IRR) 39n

minor injuries 62

monitoring 21, 43, 46

monopoly suppliers 21

see also market power

Monte Carlo analysis 33, 87-8, 103

moral hazard 52, 103

multi criteria analysis see weighting and scoring

multipliers, assessment of additionality 54