Define the Three Different Types of Equity Employed in Environmental

question 19

Essay

Define the three different types of equity employed in environmental economics to help evaluate economic outcomes.

---

Definitions:

Matched Pair

A study design element where subjects are paired based on specific characteristics, ensuring that each pair is as similar as possible except for the variable under investigation.

Statistically Significant

A measure indicating that the likelihood of an observed outcome occurring by chance is low, often used in research to validate findings.

Negative Correlation

A connection between two variables where as one variable goes up, the other goes down, and the opposite is also true.

Positive

Refers to a condition or state that is constructive, optimistic, or characterized by a beneficial outcome.