zackinator2753 zackinator2753

21-10-2022
Social Studies

Answered

with stated preference methods, it is important that people value the good presented to them and not a larger, more encompassing good. if they value the larger, more encompassing good, their reported value is likely to be larger than their true value for the good in question. we refer to this behavioral phenomena as: select one: a. embedding. b. consequentiality. c. incentive compatibility. d. weak complementarity.

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