Meaning of embedding effect | Babel Free
Definitions
The inconsistency in the value of a specific public good by using a contingent valuation or willingness-to-pay method due to the difficulty for individuals to identify the particular value that they attach to one particular thing which is embedded in a collection of similar things; these resulting problems are called the part-whole bias and sequencing and nesting.
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See also
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