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

Bennett, Jeffrey; Rolfe, John; Louviere, Jordan

Description

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...[Show more]

CollectionsANU Research Publications
Date published: 2002
Type: Journal article
URI: http://hdl.handle.net/1885/89736
Source: Australian Journal of Agricultural and Resource Economics

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