This paper compares four weighting methods in multiattribute utility measurement: the ratio method, the swing weighting method, the tradeoff method and the pricing out method. 200 subjects used these methods to weight attributes for evaluating nuclear waste repository sites in the United States. The weighting methods were compared with respect to their internal consistency, convergent validity, and external validity. Internal consistency was measured by the degree to which ordinal and cardinal or ratio responses agreed within the same weighting method. Convergent validity was measured by the degree of agreement between the weights elicited with different methods. External validity was determined by the degree to which weights elicited in this experiment agreed with weights that were elicited with managers of the Department of Energy. In terms of internal consistency, the tradeoff method fared worst. In terms of convergent validity, the pricing out method turned out to be an outlier. In terms of external validity, the pricing out method showed the best results. While the ratio and swing methods are quite consistent and show a fair amount of convergent validity, their external validity problems cast doubt on their usefulness. The main recommendation for applications is to improve the internal consistency of the tradeoff method by careful interactive elicitation and to use it in conjunction with the pricing out method to enhance its external validity.tradeoffs, weights, multiattribute utility, nuclear waste disposal, decision analysis
Several approaches exist to illuminate and clarify public values relevant for making public policy decisions. These include surveys, indirect and direct value elicitation, focus groups and public involvement. This paper describes a new approach, called the public value forum, which combines elements of focus groups and direct multiattribute value elicitation techniques. Two public value forums were conducted with selected members of the West German public to elicit values relevant for setting long term energy policies. The purposes of conducting the value forums were to examine the feasibility of eliciting values from laypeople and combining them with factual assessments of experts, to determine the extent to which values elicited formally conflict with values elicited informally, and to assess the advantages and disadvantages of the public value forum. The results indicate that the public value forum is feasible, that the participants felt comfortable with the procedure and that they were eager to resolve inconsistencies between their intuitive judgments and the multiattribute models. There was substantial conflict between the formally and informally elicited values. However, the participants were able to resolve those conflicts in the course of the value forum, tending towards more moderate alternatives in the process. The public value forum provided useful information for the policy process and education for the participants. However, because it is expensive and time consuming, its main application may involve small samples of opinion leaders and stakeholder representatives, rather than large representative samples of the general public.public values, policy decisions, decision analysis, multiattribute utility analysis
Over the past 20 years, several epidemiological studies have found an association between exposure to electromagnetic fields (EMFs) and health effects, including childhood leukemia and adult brain cancer. However, experts strongly disagree about whether this association is causal and, if so, how strong it is. In this article, we examine several alternatives to reduce EMFs from sources of the California power grid, including undergrounding distribution and transmission lines and reconfiguring or rephasing lines. The alternatives were evaluated in terms of the potential health risk reduction, cost, impacts on service reliability, property values, and many other consequences. Because of the uncertainty about an EMF-health link, the main effort was to determine the sensitivity of the decisions to the probability and seriousness of an EMF hazard. User-friendly computer models were developed to allow stakeholders to change the model assumptions and parameters to analyze the impacts of their own assumptions and estimates on the decision. The analysis clearly demonstrated that only four of the many concerns raised by the stakeholders could make a difference in the decision: health risks, costs, service reliability, and property values. Whether undergrounding, moderate alternatives for EMF reduction, or no change was the best decision depended on a few key factors, including the probability that EMF exposure is a hazard, the severity of this hazard, how the EMF reduction measures are financed, and the impacts on property values. While the analysis did not resolve the EMF issues, it showed that even in the most controversial settings, a little analysis goes a long way to clarifying the issues and to focus the debate.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.