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Research Design - Essay Example
Pages 11 (2761 words)
The study has to alter the standards of the non-market environmental goods and services in terms of both economics and environmental stability, to determine if the policy makers would find the results from the contingent valuation methods would be consistent and acceptable. …
This research aims to evaluate and present respondents were asked as to estimate the WTP figures. The questions, which involved the willingness to pay (WTP), considered both the environmental and economic factors like the acceptability of WTP and the refusal of proposal both cannot be considered in the similar manner and for what the refusal stand for. Similarly, willingness to pay is sometimes regarded as the willingness to accept. Sometimes, WTP estimates weather the respondent wills to pay or just responds for the moral satisfaction, how the policy-making procedure utilized the benefit estimation. Before each question it gives an information about the question and the relative taxes and costs that will apply. In this way, the respondents and the interviewer maintain an atmosphere of confidence and reliability. Political views of freedom to ask and freedom to say are well adopted in the research paper. Most of the questions are answered in a more reasonable manner and respondent have tried their best to answer as many question and bid as more as possible but in the other paper, respondents avoided some of the questions and responded some of the questions in an unsatisfactory manner. The utilization of multiples as double the current amount, three times the current amount, four times the current value or one thousand times the current amount made the research more cost efficient as it could be without the utilization of multiple values. ...