Economic Valuation by the Method of Paired Comparison, with Emphasis on Evaluation of the Transitivity Axiom
研究了配对比较法在商品与货币选择中的可靠性、传递性和决策时间，发现数据支持传递性假设且个体偏好排序可靠性高，并讨论了该方法用于估算公共与私人物品接受补偿意愿的保守中位数和均值。
ABSTRACT. The paired comparison (PC) method is used to investigate reliability, transitiv-ity, and decision time for binary choices among goods and sums of money. The PC method reveals inconsistent choices and yields individual prefer-ence order over the set of items being compared. The data reported support the transitivity as-sumption and demonstrate high reliability for individual preference order. The paper also discusses using the PC method to obtain conser-vative median and mean estimates of willingness to accept compensation for public and private goods. The PC method may prove useful for valu-ing public goods, and warrants further study. I.