I am wondering which of two perspectives about convergent and discriminant validity are in accord with the notion of a nomological network proposed by Cronbach and Meehl (1955).
According to one perspective (let's call it Perspective A), convergent validity is established by positive correlations between a construct and other variables that are theoretically expected to be directly related to it, whereas discriminant validity is established by negative correlations between a construct and variables that are expected to be inversely related to it.
According to another perspective (let's call it Perspective B), convergent validity can be established by moderately high correlations that can be EITHER positive or negative depending on whether theoretically proposed associations between a construct and other variables are direct or inverse, respectively. Within Perspective B, discriminant validity is established by very low or nonsignificant correlations which could be either positive or negative) between a construct and variables with which that construct is anticipated to have little relationship.
I am interested in what RG members think is the more appropriate perspective: A or B.
In addition to that, I'm interested to hear members' thoughts about how high the correlations should be for establishing convergent validity. Are very higher correlations better than moderate correlations, or are moderate correlations preferable?
If anyone could support their contributions with citations, I would appreciate it.
Incidentally, here is the citation for Cronbach and Meehl:
Cronbach, L., & Meehl, P. (1955). Construct validity in psychological tests. Psychological Bulletin, 52, 4, 281–302. https://doi.org/10.1037/h0040957