Comparing Ranking and Contingent Valuation for Valuing Human Lives, Applying Nested and Non-Nested Logit Models

The aim of this paper is to investigate whetherrespondents perceive a discrete-choice contingentvaluation (DC-CVM) question differently from a rankingquestion. We combine the two approaches to valuepublic projects that try to prevent people from dyingprematurely. The combined valuation procedure enablesus to investigate the internal consistency of theutility structure between choices, applying nested andnon-nested logit models. If the preference structureis allowed to shift, the relative utility weights ofthe attributes differ between the valuation questions,and the willingness-to-pay (WTP) estimate from thecombined procedure changes.     

Ordering effects in contingent valuation surveys

This paper focuses on ordering effects in CVM surveys; how the expressed value of a particular good valued in a sequence of several goods depends on where in the sequence the good is valued. We use data from a Norwegian CVM survey focusing on WTP for a 50% reduction in air pollution from car traffic to test for the existence of ordering effects and to apply a test for internal consistency. We found considerable and significant ordering effects in our data, but were not able to reject the hypothesis of internal consistency. Based on our survey, we argue that ordering effects may be a result of rational choice. These effects are problematic if a sequential valuation procedure is applied to a simultaneous problem, and/or the respondents are given imperfect information about the decision problem.     

Challenges to existing strategy theory in a postindustrial society

In the postindustrial era, firms are facing increasing complexity for a number of reasons, two of which are fundamentally altering the competitive context of firms and managers, namely knowledge and technology dissemination. In this article, we argue that these global changes at the societal as well as the individual level affect strategic management theory and practice in two ways: they alter the relationships between firms and external stakeholders (e.g., customers), and they alter the relationships between firms and internal stakeholders (e.g., employees). After briefly outlining the changes observed, we analyze a number of contributions to strategic management theorizing and argue that as researchers we tend to focus primarily on one of these dimensions of complexity: internal or external. We then continue by discussing how the postindustrial context will require fundamentally different approaches, as the dimensions of internal vs. external collapse, and as a result even the notion of an industry, becomes blurred. In this new context, we need to go beyond the theoretical lenses and paradigms we have been trained in, to explore the implications of these changes at a more fundamental level. For the traditional theories, we need to refocus attention on the underlying assumptions, in order to explore their areas of applicability and the limits to their relevance. In addition, we need to discover and invent new theories and approaches relevant to this specific context. Since we do not know at this point in time what the postindustrial organization may be, we must not limit our creativity as researchers nor as managers by prematurely investing in assumptions and frameworks which may turn out to be less than ideal for the new opportunities (and threats) to be discovered. We need to explore alternative solutions with managers dealing with extreme complexity on a day-to-day basis, try out alternative options and invent new ones, and more than ever be critical about the relevance of the existing body of knowledge as well as sensitive to the possibilities created in this new and exciting context. © 1998 John Wiley & Sons, Ltd.     

Food consumption and political agency: on concerns and practices among Danish consumers

Increasingly ordinary individual consumers are expected to perform some kind of societal or political agency. In the debates about political consumption it is a recurrent topic to what degree consumption practices can be seen as political practices and how many consumers perform such practices. The aim of this article is to empirically qualify the demarcation of the political in individual consumer activities by integrating the concept of political agency in the definition of political consumption. On the basis of empirical results from a representative survey among food consumers in Denmark, the article suggests that by supplementing the criteria of consumers performing specific consumption activities with a criteria of consumers expressing political agency, a more precise empirical delimitation of political consumption can be achieved. Three groups of food consumers are identified: those who perform political consumption practices; those who perform politicized consumption practices; and those who vocalize the discourse of political consumerism.     

Social values and the limits to growth

This paper deals with the value aspects of the limits to growth problems. A holistic view of the concepts influencing people's lifestyles, including their social values, are presented. The materialistic, growth oriented lifestyles dominating the U.S. and other highly industrialized nations are analyzed, and the underlying needs and social values presented. Also alternative, less materialistic values are shown to indicate the direction of desirable value changes. How these changes could be accomplished is illustrated in the way a value set of an individual is created through socialization. The authors conclude that the early childhood plays an essential role in achieving the changes, but also that no one need sit back passively and just wait for changes to come along.     

Conflicting Interests in Environmental Policy-making?

This paper focuses on possible conflicts of interests between the political aims of reduced emissions from energy consumption, redistribution of welfare and efficient policy-making. We use the results from a LES estimation to calculate the consumption reductions, compensating variations and excess tax burdens of three different tax schemes: one linear and two non-linear. Unless the tax scheme is optimally designed to correct for externalities, there is a conflict of interests between the aims of reduced consumption and efficient policy-making. When ranking different tax schemes, there is a conflict between the aims of redistributing welfare and reduced consumption if we are concerned with the well-being of individual households, but not if we are concerned only with the mean household in different parts of the income distribution.     

Is There a Win–Win Situation in Household Energy Policy?

To achieve environmental goals, most governments aim to reduce consumption of the most polluting energy goods by taxation. Often, the authorities not only aim to change the consumption of the regulated good by the taxation, but also to change the consumption of close substitutes (hereafter referred to as win–win effects). The size of the win–win effects depend not only on how close substitutes the goods are, but also on the price sensitivity of the taxed good and on the budget effects of the regulation. We use a conditional demand model to decompose the cross-price effect to discuss which criteria that must be fulfilled in order for substantial win–win effects to occur, using Norwegian stationary energy consumption as an empirical example.     

Organizing the Lillehammer Olympic Winter games

This article addresses some aspects of project management theory on a basis of an in-depth longitudinal case study of the Lillehammer Olympics Organizing Committee (LOOC) before and during the XVII Olympic Winter Games in 1994. Particular emphasis is put on the implications of two characteristics of this project: the fact that it was not embedded in any parent organization, and that its task was imbued with uncertainty. As a result, emergent tasks, emergent structure and informal authority appear to have been critical features. Because of the non-embedded nature of the Olympic Winter Games project the case has also illustrated the value of viewing projects like this one as temporary organizations rather than as projects initiated by a parent organization.     

Excluding women from the technologies of the future? : A case study of the culture of computer science

In this article the authors show how the culture and ideas of a small male minority of students, the computer hackers, come to dominate computer science in the eyes of the female students. This minority culture is reinforced by the values and interests of the most powerful (male) groups in computer science, the male professors and teachers and their disciples, the dedicated students. In this way, a male-dominated and machine-fixated culture works to marginalize women     

How serious is the aggregation problem? An empirical illustration

Heterogeneity in consumer behaviour may create problems with aggregation across consumers. If so, we may not be able to make correct inferences about behaviour based on aggregated data. However, using micro estimates to predict aggregate demand responses to policy changes may also create a bias if not aggregated properly. This may sound like a Catch 22 situation, but it is not, as it is possible to calculate both micro and aggregate demand responses based on microdata. The size of the aggregation bias is an empirical question. In this article, we show how to calculate theoretically consistent aggregate demand responses. We use both micro and macro data for Norwegian household electricity consumption to illustrate the magnitude and direction of different aggregation biases. We find considerable aggregation biases, in particular, when estimating with macro data.