Truong, Thuy D.; Adamowicz, Wiktor L.; Boxall, Peter C. - In: Resource and Energy Economics 39 (2015) C, pp. 89-107
While the compensatory model of choice dominates the environmental valuation literature, non-compensatory models, where individuals do not tradeoff one attribute for another, are sometimes found to be better representations of choice behavior. Most non-compensatory models employ “cutoffs”,...
