Document Type
Working Paper
Publication Date
2001
College/Unit
Regional Research Institute
Document Number
Working Paper #2001-13
Department/Program/Center
Regional Research Institute
Abstract
The purpose of this paper is to promote a discussion about different theories of rationality and models of individual decision making, as well as the role of thresholds in the valuation of environmental management and policy issues. The intent of this paper is to provide some conceptual distinctions between models and theories in order to develop experiments that empirically test one or more of the issues raised herein.
Digital Commons Citation
Rosenberger, Randall S., "Rationality, Decision Theories, and Thresholds: Implications for Environmental Valuation" (2001). Regional Research Institute Working Papers. 146.
https://researchrepository.wvu.edu/rri_pubs/146