Are there any alternatives for AVE (Average Variance Extracted) to ensure the convergent validity in CFA and SEM?
Whether, AVE is the most needed technique to ensure the convergent validity in CFA and SEM. Are there any alternatives for AVE (Average Variance Extracted) to ensure the convergent validity in CFA and SEM?
In line with the above facts, Malhotra & Dash (2010) documented that; AVE is more conservative and complex one. Instead of AVE, CR is alone adequate to prove the convergent validity.
Please justify my question with references.