|Within Vocab||MEDIN ecosystem valuation methods|
|Preferred Label||Choice experiment|
|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.|
Direct economic valuation methods
|Has Current Version||http://vocab.nerc.ac.uk/collection/M10/current/17/1/|
|Authored On||2013-11-14 10:15:17|
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