eCite Digital Repository

Integrated value assessment using paired comparisons


Lockwood, M, Integrated value assessment using paired comparisons, Ecological Economics, 25, (1) pp. 73-87. ISSN 0921-8009 (1998) [Refereed Article]

DOI: doi:10.1016/S0921-8009(97)00053-0


A survey methodology is described which uses paired comparisons in combination with contingent valuation to assess individuals' values concerning the conservation of a rare mammal species - the Mountain Pygmy-possum (Burramy sparvus). Value expressions which can be accommodated by economic theory are distinguished from those which are best represented by a noncompensatory preference structure. A procedure for aggregating data involving these two categories of value expression is described. This integrated value assessment is more inclusive than the conventional approach of using contingent valuation and other economic data within a benefit cost framework. A comprehensive assessment of the value implications of a proposal can be undertaken, in which the actual (rather than assumed) structures of individuals' values are taken into account.

Item Details

Item Type:Refereed Article
Research Division:Economics
Research Group:Applied economics
Research Field:Industry economics and industrial organisation
Objective Division:Environmental Policy, Climate Change and Natural Hazards
Objective Group:Environmental policy, legislation and standards
Objective Field:Environmental policy, legislation and standards not elsewhere classified
UTAS Author:Lockwood, M (Associate Professor Michael Lockwood)
ID Code:34084
Year Published:1998
Web of Science® Times Cited:24
Deposited By:Geography and Environmental Studies
Deposited On:2005-07-25
Last Modified:2005-07-25

Repository Staff Only: item control page