Testing the fundamental assumption of choice experiments: Are values absolute or relative?

Luisetti, Tiziana, Bateman, Ian J. and Turner, R. Kerry (2008) Testing the fundamental assumption of choice experiments: Are values absolute or relative? pp. 1-21.

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Abstract

We test one of the most fundamental of all assumptions underpinning choice experiments; that any given attribute level is comprehended in its absolute form rather than relative to the other levels of that attribute. A split sample test uses a natural experiment arising from respondents differing distances from a set of potential new wetland recreation sites. Respondents were presented with one of two ranges of distances. Absolute value interpretation requires that the functional relation with distance derived from these two ranges be consistent with each other. This test failed with respondents exhibiting significant range bias effects.

Item Type:	Article
Faculty \ School:	Faculty of Science > School of Environmental Sciences
UEA Research Groups:	Faculty of Science > Research Groups > Collaborative Centre for Sustainable Use of the Seas Faculty of Science > Research Centres > Centre for Social and Economic Research on the Global Environment (CSERGE) Faculty of Science > Research Groups > Resources, Sustainability and Governance (former - to 2018) Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Science > Research Groups > Environmental Social Sciences
Related URLs:	http://www.scopus.com/inward/record.url?...
Depositing User:	Rosie Cullington
Date Deposited:	25 Feb 2011 14:16
Last Modified:	11 Sep 2023 14:31
URI:	https://ueaeprints.uea.ac.uk/id/eprint/24692
DOI:

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