contingent valuation

How is Contingent Valuation Conducted?

Contingent valuation is typically conducted through surveys where respondents are asked their willingness to pay (WTP) for specific health or environmental benefits. These surveys can be designed using open-ended questions, dichotomous choice formats, or payment card approaches. The reliability of the results depends on careful design and execution to minimize bias and ensure that respondents understand the health impacts associated with toxicological risks.

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