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Keywords: Probabilistic
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Journal Articles
Journal:
Journal of Forest Economics
Journal of Forest Economics (2009) 15 (1-2): 79–91.
Published: 01 January 2009
... the response scale is based on rank-ordered verbal expressions. Their probabilistic nature in combination with a review of empirical survey results suggest, however, that WTP response data based on verbal expressions of uncertainty reflect an underlying unmeasured variable at the ratio scale level...
