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Author:Blamey, R. K.
Title:Attribute Causality in Environmental Choice Modelling
Journal:Environmental and Resource Economics
2002 : OCT, VOL. 23:2, p. 167-186
Index terms:CHOICE THEORY
MODELS
VALUATION
ANALYTICAL REVIEW
Language:eng
Abstract:When selecting attributes in environmental Choice Modelling studies, preference should be given to those attributes that are demand-relevant, policy-relevant, and measurable. The use of these criteria will often result in a short list of environmental attributes of which some are causally related. The inclusion of attributes that have a "cause-effect" relationship may stimulate some respondents to seek to understand the causal relations among attributes in order to assign greater meaning to the alternatives, and potentially, simplify the decision making process. This may have implications for the weights they assign to each of the attributes when identifying the preferred alternatives, and subsequently for the implicit prices and/or welfare estimates.
SCIMA record nr: 246438
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