Definition(s)
Willingness-to-accept
Amount a person is willing to accept to forgo a benefit.
Sample Usage: Researchers designed a survey to estimate the willingness-to-accept dollar value travelers would require to compensate for time, convenience, and privacy potentially lost under a proposed security measure.
Source: DHS Risk Lexicon, U.S. Department of Homeland Security, 2010 Edition. September 2010 Regulatory Guidance