Examples of 'willingness-to-pay' in a sentence
Meaning of "willingness-to-pay"
willingness-to-pay (noun) - the maximum amount of money that a person is willing to spend or offer in exchange for a product or service. This term is often used in economics and marketing to understand consumer behavior and pricing strategies
How to use "willingness-to-pay" in a sentence
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willingness-to-pay
Monetary values for biodiversity based on willingness-to-pay surveys show large variations and inconsistencies.
The funding request contained only partial information concerning compliance with willingness-to-pay requirements.
Acceptability and willingness-to-pay for a hypothetical Ebola virus vaccine in Nigeria.
Respondents were also asked two types of willingness-to-pay questions.
Willingness-to-pay more for organic food products compared to conventional ones.
For example, he has knowledge over his effort costs or his willingness-to-pay.
Progress included market and willingness-to-pay studies and country high-level consultations.
Preferences ( values ) for these health outcomes were measured using time-tradeoff and willingness-to-pay questions.
In the UK the willingness-to-pay approach is also used for valuing non-fatal serious injuries.
Encourages valuation research that could help capture the global willingness-to-pay for biodiversity conservation ;.
However, consumer 's willingness-to-pay can be used as a proxy for the perceived value.
Folk museum Timo Tohmo, Economic value of a local museum, Factors of willingness-to-pay.
Land and, to some extent, Denmark use the willingness-to-pay method for valuing fatalities.
The willingness-to-pay ( WTP ) for improved water quality services.
Because remember, that demand curve is a willingness-to-pay curve, or a willingness-to-buy curve.
See also
A PGx test for statin-induced myopathy was cost-effective at a relatively low willingness-to-pay ( WTP ).
This figure, according to the researchers, is below the willingness-to-pay threshold for cost-effectiveness.
Most in line with the principle in this paper is the willingness-to-pay method ( see Annex 2 ).
