Lexicographic Preferences in Contingent Valuation: A Theoretical Framework with Illustrations

Rekola, Mika

doi:10.2307/3146871

Cited by 35 publications

(21 citation statements)

References 24 publications

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“…Although this behaviour is likely to be universal, within stated preference experiments it may be induced by issues of experimental complexity, unfamiliarity with issues being valued or protest behaviour, while additionally, lexicographic choices may arise due to poor experimental design. Rekola (2003) also suggests that there may be lexicographical preferences, but because these can be satisfied by various attributes, behaviour may not reveal lexicographical choices over these attributes. There are several empirical approaches to identifying these anomalies in behaviour (for example, Saelensminde 2006;Swait 2001;Rekola, 2003).…”

Section: Non-participation: Alternative Definitionsmentioning

confidence: 95%

“…Rekola (2003) also suggests that there may be lexicographical preferences, but because these can be satisfied by various attributes, behaviour may not reveal lexicographical choices over these attributes. There are several empirical approaches to identifying these anomalies in behaviour (for example, Saelensminde 2006;Swait 2001;Rekola, 2003).…”

Section: Non-participation: Alternative Definitionsmentioning

confidence: 95%

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Hurdle and Latent Class Approaches to Serial Non-Participation in Choice Models

Burton

Rigby

2008

Environ Resource Econ

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Section: Non-participation: Alternative Definitionsmentioning

confidence: 95%

Section: Non-participation: Alternative Definitionsmentioning

confidence: 95%

Hurdle and Latent Class Approaches to Serial Non-Participation in Choice Models

Burton

Rigby

2008

Environ Resource Econ

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“…There was a significant number of people who always selected the 'current' option and these choices, as is typical in such studies, were removed from the dataset. The motivations for such serial selection of the status quo are many (protest, cognitive shortcuts, lexicographic preferences) and these issues are addressed in recent papers such as Rekola (2003), von Haefen et al (2005 and Burton and Rigby (2007). The latter two papers employ estimation approaches to retain information from such 'non participants'.…”

Section: Datamentioning

confidence: 98%

Mixed Logit Model Performance and Distributional Assumptions: Preferences and GM foods

Rigby

Balcombe

Burton

2008

Environ Resource Econ

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“…Thus, insufficient information leads to some respondents' uncertainty. Fourth, the respondents are unable to make a tradeoff between the valued good and money (Spash and Hanley, 1995;Common et al, 1997;Rekola, 2003). Finally, the irrationality of the constructed hypothetical market leads to respondents' uncertainty.…”

Section: Respondents' Uncertaintymentioning

confidence: 99%

Respondent uncertainty and reliability in contingent valuation—A case of the Dalai Lake protected area

Wang

Zhong

et al. 2016

Limnologica

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a b s t r a c tThis paper focuses on examining the validity and reliability of the contingent valuation method (CVM) in the case of evaluation of ecotourism resources in Dalai Lake Protected Area (DLPA). The CVM is a primary method to evaluate resource value, however, it is subject to criticism because of its bias. Many factors result in CVM evaluation bias, which decreases validity of the method. An important factor is that the CVM assumes that all of the respondents are certain about their answers. In fact, many respondents are not very certain about their answer, therefore, identifying the respondents' certainty level and exploring a proper method to address it are critical issues. There are three objectives in the present study: first, to identify the uncertainty treatment that can more significantly reduce the hypothetical bias, resulting in a greater closeness to the Willingness to Pay (WTP) in a real setting; second, to identify the determinants of the respondents' uncertainty; and third, to test the reliability of the respondents' payment in a real setting and a hypothetical setting by comparison with our study in 2010. One thousand three hundred fifty questionnaires about the DLPA were distributed in face-to-face interviews targeted at Hulunbeier inhabitants, and 1142 questionnaires were collected. The primary main conclusions are summarized as follows. First, the treatment of a real setting reduced the hypothetical bias, increased the WTP accuracy and had better reliability compared with the hypothetical setting. Second, income, impact (the impact of resource development on DLPA) and environmental attitudes had a significant positive influence on the respondents' certainty in hypothetical and real settings, and income and impact of resource development on DLPA had more significant influences in the real setting than in the hypothetical setting. Third, the computation of the mean WTP showed that the exposure model and the asymmetric uncertainty model YES6 fell within the 95% interval around the point estimated from the real model. The WTP of the SUM (symmetric uncertainty model) was much higher than that of the real model and the hypothetical model.

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Lexicographic Preferences in Contingent Valuation: A Theoretical Framework with Illustrations

Cited by 35 publications

References 24 publications

Hurdle and Latent Class Approaches to Serial Non-Participation in Choice Models

Hurdle and Latent Class Approaches to Serial Non-Participation in Choice Models

Mixed Logit Model Performance and Distributional Assumptions: Preferences and GM foods

Respondent uncertainty and reliability in contingent valuation—A case of the Dalai Lake protected area

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