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Survey based valuation techniques like the Contingent Valuation Method (CVM) rely particularly on the premise of respondents’ rationality when answering willingness to pay (WTP) questions. Results of CVM surveys have repeatedly put this fundamental assumption into question. This study adopts a more realistic view of rationality accounting for respondents’ limited capacities to process information. Based on cognitive psychology a technique to detect and analyze the bounds of rationality inherent in WTP statements is developed. Using an empirical example, the influence of bounded rationality on the validity of CVM results is analyzed. It is shown that individual differences in information processing play a major role. From these results recommendations for future survey design are developed.

Economic theory & philosophy --- Environmental economics --- Environmental economics. --- Environmental protection --- Economic aspects. --- Economics --- Environmental quality --- Environmental aspects --- Economic aspects --- Bounded Rationality --- Concepts --- Contingent Valuation --- Contingent Valuation Method --- Enviromental --- Environmental --- Frör --- Rationality --- Umweltbilanz --- Valuation

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Évaluation en éducation --- Muséologie --- 037 --- Muséologie. --- Éducation --- Évaluation --- Évaluation --- Muséologie.

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Real property --- Real estate investment --- Biens réels --- Immeubles --- Valuation --- Periodicals --- Evaluation --- Périodiques --- Investissements --- Business, Economy and Management --- Business Management --- Economics --- Finance --- General and Others --- Insurance and Investment

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Manuel d'introduction à l'autoscopie, cette pratique qui consiste à mettre son image sur vidéo dans un but d'auto-évaluation ou d'auto-formation. Exposés théoriques suivis d'exercices pratiques avec corrigés. [SDM].

Video tapes in education --- Teachers --- Television in teacher training --- Vidéo en éducation --- Enseignants --- Autoscopie --- Self-rating of --- Auto-évaluation --- Vidéo dans l'enseignement. --- Vidéo en éducation. --- Auto-évaluation. --- Autoscopie.

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Architecture --- Cities and towns --- Social ecology --- City planning --- Architecture. --- Cities and towns. --- City planning. --- Social ecology. --- Ecology, Social --- Environment, Human --- Human ecology (Social sciences) --- Human environment --- Social sciences --- Civic planning --- Land use, Urban --- Model cities --- Redevelopment, Urban --- Slum clearance --- Town planning --- Urban design --- Urban development --- Urban planning --- Land use --- Planning --- Art, Municipal --- Civic improvement --- Regional planning --- Urban policy --- Urban renewal --- Global cities --- Municipalities --- Towns --- Urban areas --- Urban systems --- Human settlements --- Sociology, Urban --- Architecture, Western (Western countries) --- Building design --- Construction --- Western architecture (Western countries) --- Art --- Building --- Buildings --- Government policy --- Management --- architecture --- cities --- environment --- cities --- environment --- planning --- valuation --- building