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Persistent link: https://www.econbiz.de/10014341956
This paper presents the findings of research intended to investigate the nature of expressed preferences for reducing air pollution impacts. Specifically a contingent valuation (CV) experiment is designed to elicit individuals' values for reducing these impacts and examine how these may change...
Persistent link: https://www.econbiz.de/10010319019
The application of the contingent valuation method to environmental resources has been criticised on the grounds that individuals' responses are thought to be motivated by considerations not strictly relevant to economic valuation, thus leading to observed anomalies such as scope insensitivity....
Persistent link: https://www.econbiz.de/10010319031
While a dominated choice involves a situation in which one option clearly dominates another on all relevant dimensions, an asymmetrically dominated choice typically involves more than two options in which at least two options do not dominate each other but one (but not both) of those options...
Persistent link: https://www.econbiz.de/10010319058
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