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Stated values and reminders of substitute goods: Testing for framing effects with choice modelling

journal contribution
posted on 2017-12-06, 00:00 authored by John RolfeJohn Rolfe, J Bennett, J Louviere
Choice modelling, a non-market valuation technique, is used to explore framing issues in the context of environmental valuations. Choice modelling appears to have promise in simultaneously valuing a pool of substitute amenities and goods. Describing choices according to component attributes can also help to frame choices according to a number of trade-offs. The statistical information available helps to determine where framing effects have occurred. Three choice modelling experiments were reviewed to show that framing effects may be more widespread in non-market valuation studies than is commonly thought.

Funding

Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)

History

Volume

46

Issue

1

Start Page

1

End Page

20

Number of Pages

20

ISSN

1364-985X

Location

United Kingdom

Publisher

Wiley

Language

en-aus

Peer Reviewed

  • Yes

Open Access

  • No

Era Eligible

  • No

Journal

Australian Journal of Agricultural and Resource Economics

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