Rationality Concepts in Environmental Valuation

Rationality Concepts in Environmental Valuation

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Survey based valuation techniques like the Contingent Valuation Method (CVM) rely particularly on the premise of respondents' rationality when answering willingness to pay (WTP) questions. Results of CVM surveys have repeatedly put this fundamental assumption into question. This study adopts a...

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Bibliographic Details
Main Author: Frör, Oliver (auth)
Format: Electronic Book Chapter
Language:English
Published: Bern Peter Lang International Academic Publishing Group 2018
Series:Hohenheimer volkswirtschaftliche Schriften
Subjects:
Economic theory & philosophy
Environmental economics
Bounded Rationality
Concepts
Contingent Valuation
Contingent Valuation Method
Enviromental
Environmental
Frör
Rationality
Umweltbilanz
Valuation
Online Access:DOAB: download the publication
DOAB: description of the publication
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