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Term

willingness to accept

Term

The amount of compensation an individual is willing to take in exchange for giving up some good or service. This may be elicited from stated or revealed preference approaches.

Synonyms:

Source:

EEA Glossary

Context:

Comment

Definition source publication

UNEP. 1995. Global Biodiversity Assessment. Annex 6, Glossary. Quoted by: Convention of Biological Diversity Secretariat. Belgian Clearing-House Mechanism.

Publication year

1995

Definition source URL

http://www.kbinirsnb.be/bch-cbd/belgium/glossary/glos_w.htm

Organisation

UNEP

Organisation full name

Subjects

ECONOMICS AND CORPORATE REPORTING

Long definition

Permalinks

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