Environmental Valuation and Rationality
利用环境估值研究中的观察来改进选择理论，涵盖信息问题、偏好形成以及社会因素对个体理性的影响，旨在使理论更贴近现实并理解不当简化导致的错误。
<i>Economic valuation of the environment is disputed, in part, due to the number of anomalies. Reactions to these anomalies have included adding new auxiliary hypotheses to the core model or dismissing the whole undertaking. This paper takes a third route, and uses observations made in valuation studies to improve choice theory. The paper covers the information problem, the issue of preference formation, and underlines the role of the social sphere in defining what becomes individually rational. While the findings not simplify theory, they may help us become more realistic and to understand errors produced by illegitimate simplifications.</i>