Home > Term: stated preference methods
stated preference methods
General category of valuation methods that includes contingent choice and contingent valuation techniques. Individuals are asked to makes choices concerning their willingness to pay (or accept compensation) for, rank, or make choices among alternative provisions of environmental goods.
- Part of Speech: noun
- Industry/Domain: Fishing
- Category: Marine fishery
- Organization: NOAA
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Creator
- J Thomas
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