Concept
Choice experiment
| URI | http://vocab.nerc.ac.uk/collection/M10/current/17/1/ | ||
|---|---|---|---|
| Within Vocab | MEDIN ecosystem valuation methods | ||
| Alternative Labels | |||
| Definition | Successively presents a number of choice sets to respondents and asks them to choose their preferred scenario. Each choice set consists of two or three scenarios related to the good under valuation. This good is defined by its key attributes (or characteristics) and the levels that these attributes take, where one attribute is price. A stated preference method. | ||
| Date | 2013-11-14T10:15:17 | ||
| Identifier | SDN:M10::17 | ||
| Note | accepted | ||
| Is Version Of | 17 | ||
| version | 1 | ||
| Broader | M09:2 |
Direct economic valuation methods | |
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