BDM

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Definition : Becker-DeGroot-Marschak
Category : Business » Business Terms
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What does BDM mean?

Becker-DeGroot-Marschak (BDM) method, is a method of measuring Willingness-To-Pay (WTP) in experimental economics. It is also widely used in behavioral economics, marketing research, and neuroimaging studies of human decision making. BDM is named after Gordon M. Becker, Morris H. DeGroot, and Jacob Marschak for the 1964 Behavioral Science paper.

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Frequently Asked Questions (FAQ)

What is the full form of BDM in Economics?

The full form of BDM is Becker-DeGroot-Marschak

What are the full forms of BDM in Business?

Business Development Manager | Becker-DeGroot-Marschak | Banque de Développement du Mali | Business Decision Mapping | Braddock, Dunn & McDonald

What are the full forms of BDM in Worldwide?

Business Development Manager | Births, Deaths & Marriages | Background Debug Mode | 2,3-ButaneDione Monoxime | Bunker Defeat Munition | Bateson–Dobzhansky–Muller | Becker-DeGroot-Marschak | Business Decision Mapping | Browning Dual Mode

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