Skip to main content

Reservation Price

Go Search
Home
About
New Atlas
Atlas, A-Z
Atlas Maps
MPP/MPA Programs
Subjects
Core Topics
Illustrative Courses
Topic Encyclopedia
Concept Dictionary
Competencies
Career Tips
IGOs
Best Practices Project


 
PPGPortal > Home > Concept Dictionary > R > Reservation Price
 

Reservation Price 

The maximum price at which an individual is willing to purchase a good. In other words, the price at which a person is just indifferent between purchasing or not purchasing a good.

(Dwayne Benjamin, Toronto PPG 1002H)

     

Important Notices
© University of Toronto 2008
School of Public Policy and Governance