Options can be ranked based on market prices.
This section is based on the UNEP PROVIA guidance document |
1. | You want to assess vulnerability. | |
2. | Your focus is on impacts. | |
3. | Monetary values are important. | |
4. | Either (i) the focus is on public decisions, outcome attributes either do have prices or contingent value has been addressed, and indirect outcomes are not important, or (ii) the focus is on private decisions and outcome attributes do have prices. |