A second adjustment is conducted as part of the mortality, morbidity, and visibility valuation procedures to incorporate the effect of changes in income over time on WTP.
Mortality and morbidity have more focus than the visibility valuation.
mnli hypothesis: Mortality and morbidity have more focus than the visibility valuation. premise: A second adjustment is conducted as part of the mortality, morbidity, and visibility valuation procedures to incorporate the effect of changes in income over time on WTP.