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The conjoint analysis approaches infer a value from the hypothetical choices or trade-offs that people make. People are asked to state preference between one group of environmental services or characteristics at a given price or cost to the individual and another group of environmental characteristics at a different price or cost.

Source Publication:
United Nations, European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development, World Bank , 2005, Handbook of National Accounting: Integrated Environmental and Economic Accounting 2003, Studies in Methods, Series F, No.61, Rev.1, Glossary, United Nations, New York, para. 9.102.

Statistical Theme: Environmental statistics

Created on Monday, July 04, 2005