The contingent valuation method (CVM) works with the premise that it is possible to create an artificial
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The contingent valuation method (CVM) works with the premise that it is possible to create an "artificial" market-like condition and elicit individuals" WTP through a well-designed survey questions. What are the steps needed to create the "artificial" market-like condition? Be specific. What are your thoughts about CVM in general? Discuss.
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Principles Of Environmental Economics And Sustainability
ISBN: 9780815363545
4th Edition
Authors: Ahmed Hussen
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