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Term

willingness to pay

Term

is the amount an individual is willing to pay to acquire some good or service. This may be elicited from stated or revealed preference approaches. [GBA]

Synonyms:

Source:

CHM Biodiversity

Context:

Comment

Definition source publication

Publication year

Definition source URL

http://biodiversity-chm.eea.europa.eu/nyglossary_terms/W/willingness_to_pay

Organisation

Organisation full name

Subjects

Long definition

Permalinks

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Permalink to latest version: 0375d56ce77d4aecb0a27d7b1f82ba80

For references, please go to https://eea.europa.eu./help/glossary/chm-biodiversity/willingness-to-pay or scan the QR code.

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