Examlex
A recent willingness-to-pay survey asked respondents to value the waters of Salem Sound. The respondents were asked what they would be willing to pay to help protect the water. They were given the following choices: $10, $40, $100, $300, $650, $1,000, $3,000, $10,000 or fill in a value for some other amount. What type of behavioral bias will be captured by this question the way it is written?
Time-lagged
Referring to studies or analyses that consider the delay between the occurrence of one event and the observation of its effects.
Cross-sectional
In research, it describes a study that observes a diverse population at a single point in time to identify potential correlations or trends.
Longitudinal
Describing research or studies that collect data from the same subjects repeatedly over a period of time.
Personality
The combination of characteristics or qualities that form an individual's distinct character.
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