Willingness to pay


Updated on 13/07/2018
Définition
Sens technique
Amount that the surveyed people are willing to pay to avoid the degradation of an environmental good or for its improvement. Willingness to pay (WTP) is an expression in Euros of the difference in wellbeing (or satisfaction) associated with the deterioration / improvement of the environment.
Source
According to Patrice Dumas (economist)
Thématiques associées
Review status
Soumis au comité de relecture.