This essay develops a new method to diagnose inconsistency in dichotomous choice contingent valuation with follow-up questions: in particular, downward bias in the mean WTP. It is shown that the previous methods aimed to explain this inconsistency in responses have ignored statistical inconsistency: non-perfect correlation between the initial and follow-up responses and thus have provided wrong...

Inconsistency is commonplace in the real world in long-term memory and knowledge based systems. Managing inconsistency is considered a hallmark of the plasticity of human intelligence. Belief revision is an important mental process that underpins human intelligence. To facilitate belief revision, it is necessary to know the localities and contexts of inconsistency and how different types of inc...

Inconsistency is commonplace in the real world in long-term memory and knowledge based systems. Managing inconsistency is considered a hallmark of the plasticity of human intelligence. Belief revision is an important mental process that underpins human intelligence. To facilitate belief revision, it is necessary to know the localities and contexts of inconsistency and how different types of inc...

Inconsistency is commonplace in the real world in long-term memory and knowledge based systems. Managing inconsistency is considered a hallmark of the plasticity of human intelligence. Belief revision is an important mental process that underpins human intelligence. To facilitate belief revision, it is necessary to know the localities and contexts of inconsistency and how different types of inc...

Inconsistency is commonplace in the real world in long-term memory and knowledge based systems. Managing inconsistency is considered a hallmark of the plasticity of human intelligence. Belief revision is an important mental process that underpins human intelligence. To facilitate belief revision, it is necessary to know the localities and contexts of inconsistency and how different types of inc...