Which of the following statements are true?
(i) Hedonic pricing is a stated preference method.
(ii) Travel cost is a revealed preference method.
(iii) Contingent valuation is a revealed preference method.
(iv) Hedonic pricing is a revealed preference method.
Choose the correct option:
1
(i), (ii) and (iii)
2
(i), (iii) and (iv)
3
(i) and (ii)
4
(ii) and (iv)