Embedding effect
id:
embedding-effect-196-13651602
title:
Embedding effect
text:
The embedding effect is an issue in environmental economics and other branches of economics where researchers wish to identify the value of a specific public good using a contingent valuation or willingness-to-pay (WTP) approach. The problem arises because public goods belong to society as a whole, and are generally not traded in the market. Because market prices cannot be used to value them, researchers ask a sample of people how much they are willing to pay for the public good, wildlife preser
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Embedding_effect
date created:
date modified:
2023-12-02T22:27:31Z
main entity:
{"identifier":"Q5370015","url":"https://www.wikidata.org/entity/Q5370015"}
image:
fields total:
13
integrity:
13