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Contingent valuation

From Citizendium - Reading time: 1 min

Contingent valuation [r]: A survey-based method of estimating the value of a non-monetary cost or benefit from the answers to questions designed to reveal the subjects' willingness to pay to avoid a cost, or to enjoy a benefit. [e]

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Licensed under CC BY-SA 3.0 | Source: https://citizendium.org/wiki/Contingent_valuation
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