Environment & Ecology · Environmental Valuation Methods
Which environmental economic valuation method directly measures Willingness to Pay (WTP) or Willingness to Accept (WTA) compensation using survey-based stated preference techniques?
- 1Contingent Valuation Method✓
- 2Travel Cost Method
- 3Cost-Benefit Analysis
- 4Hedonic Pricing Method
Correct answer
Contingent Valuation Method
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