Sentence examples for preference methods from inspiring English sources

As the revealed preference methods are preferred to evaluate informal caregiving costs [ 39], we valued the time spent on informal caregiving with one of the revealed preference methods, the Proxy Good method, that values time at the market wage rate of a professional substitute [ 39, 40].

To achieve valuation of these forest functions, one must search for appropriate methods and methodical approaches, for example, indirect methods; that is, preference methods.

Then we could use "stated preference methods" to find out what priority different groups of people might put on the different outcomes, to provide a guide to policy-makers about the level of effort or resources to assign to each outcome or combination of outcomes.

Revealed preference methods do not require the identification or estimation of structural functions.

The most widely accepted classification is into Contingent Valuation (CV) and multi-attributive preference methods [42].

Hypothetical bias continues to be a major challenge for stated preference methods.

Stated and revealed preference methods (RPM) were used because impacts of P. juliflora are both tangible and intangible.

We vary the complexity of choice sets used in stated preference methods to evaluate the impact on choice consistency.

Thus, the applicability of stated preference methods for the valuation of ecosystem functions is a matter of debate.

While CV analyzes one attribute of the product at a time, multi-attributive preference methods explore more than one attribute simultaneously.

The economic literature has addressed the study of wine consumers' preferences and behavior by making use of elicitation methodologies based on both "stated" and "revealed" preference methods.