About: Preference Uncertainty in Non-Market Valuation: A Fuzzy Approach

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Attributs	Valeurs
type	work Article
Is Part Of	http://hub.abes.fr/oup/periodical/ajae/2001/volume_83/issue_3/w
Subject	Articles forest preservation fuzzy contingent valuation preference uncertainty http://zbw.eu/beta/external_identifiers/jel#d810 http://zbw.eu/beta/external_identifiers/jel#q230 http://zbw.eu/beta/external_identifiers/jel#q260
Title	Preference Uncertainty in Non-Market Valuation: A Fuzzy Approach
has manifestation of work	http://hub.abes.fr/oup/periodical/ajae/2001/volume_83/issue_3/1011110002909200172/m/web http://hub.abes.fr/oup/periodical/ajae/2001/volume_83/issue_3/1011110002909200172/m/print
related by	http://hub.abes.fr/oup/periodical/ajae/2001/volume_83/issue_3/1011110002909200172/authorship/2 http://hub.abes.fr/oup/periodical/ajae/2001/volume_83/issue_3/1011110002909200172/authorship/1 http://hub.abes.fr/oup/periodical/ajae/2001/volume_83/issue_3/1011110002909200172/authorship/3
Author	van Kooten G. Cornelis Bulte EH Krcmar Emina
Abstract	In this article, we consider uncertain preferences for non-market goods, but we move away from a probabilistic representation of uncertainty and propose the use of fuzzy contingent valuation. We assume that a decision maker never fully knows her own utility function and we treat utility as a fuzzy number. The methodology is illustrated using data on forest valuation in Sweden. Fuzzy contingent valuation provides estimates of resource value in the form of a fuzzy number and includes estimates obtained using a standard probabilistic approach.
article type	research-article
is part of this journal	Journal of Farm Economics/Canadian Journal of Agricultural Economics

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