Words similar to wtp

Example sentences for: wtp

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Exhibit 8 provides a summary of the base WTP values used to generate estimates of the economic value of avoided health effects for this analysis, adjusted to 1999 dollars, and a brief description of the basis for these values.
Adoption of WTP as the measure of value implies that the value of environmental quality improvements is dependent on the individual preferences of the affected population and that the existing distribution of income (ability to pay) is appropriate.
As with other contingent valuation studies, the reliability of the WTP estimates depends on the methods used to obtain the WTP values.
Our analysis relies on up-to-date reviews of the relevant resource economics literature that provides WTP values for health risk reductions and visibility improvements similar to those that will be provided by implementation of the Clear Skies Act.
However, WTP is generally considered to be a more readily measurable and conservative measure of benefits.