Describe two types of bias that could result from a poorly

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Questions:

(a) When are stated preference approaches the preferred method of valuation?

(b) Will stated preference valuations in litigation (courts) tend to be higher or lower than those in polcy settings? Explain.

(c) Describe two types of bias that could result from a poorly designed CV survey and a suggestion for how to potentially fix those biases.

 

Reference no: EM133380962

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