Understanding Behavioral Explanations of the WTP-WTA Divergence Through a Neoclassical Lens: Implications for Environmental Policy
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Younjun Kim & Catherine L. Kling & Jinhua Zhao, 2015. "Understanding Behavioral Explanations of the WTP-WTA Divergence Through a Neoclassical Lens: Implications for Environmental Policy," Annual Review of Resource Economics, Annual Reviews, vol. 7(1), pages 169-187, October.
References listed on IDEAS
- Richard Carson & Theodore Groves, 2007.
"Incentive and informational properties of preference questions,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(1), pages 181-210, May.
- Carson, Richard T & Groves, Theodore, 2010. "Incentive and Information Properties of Preference Questions," University of California at San Diego, Economics Working Paper Series qt88d8644g, Department of Economics, UC San Diego.
- Todd Cherry & Peter Frykblom & Jason Shogren & John List & Melonie Sullivan, 2004.
"Laboratory Testbeds and Non-Market Valuation: The Case of Bidding Behavior in a Second-Price Auction with an Outside Option,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(3), pages 285-294, November.
- Todd L. Cherry & Peter Frykblom & John List & Jason Shogren & Melonie Williams, 2002. "Laboratory Testbeds and Nonmarket Valuation: The Case of Bidding Behavior in a Second Price Auction with an Outside Option," Working Papers 02-13, Department of Economics, Appalachian State University.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Nicolas Jacquemet & Alexander James & Stéphane Luchini & Jason F. Shogren, 2017.
"Referenda Under Oath,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(3), pages 479-504, July.
- Nicolas Jacquemet & Alexander James & Stephane Luchini & Jason Shogren, 2010. "Referenda under Oath," Working Papers halshs-00490448, HAL.
- Nicolas Jacquemet & Alexander James & Stéphane Luchini & Jason Shogren, 2017. "Referenda Under Oath," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01301784, HAL.
- Nicolas Jacquemet & Alexander James & Stéphane Luchini & Jason Shogren, 2017. "Referenda Under Oath," PSE-Ecole d'économie de Paris (Postprint) halshs-01301784, HAL.
- Nicolas Jacquemet & Alexander James & Stéphane Luchini & Jason Shogren, 2017. "Referenda Under Oath," Post-Print halshs-01301784, HAL.
- Nicolas Jacquemet & Alexander James & Stephane Luchini & Jason Shogren, 2010. "Referenda under Oath," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00490448, HAL.
- Qin, Botao, 2020.
"Does a promise script work to reduce the hypothetical bias? Evidence from an induced value experiment,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 14, pages 1-15.
- Qin, Botao, 2019. "Does a promise script work to reduce the hypothetical bias? Evidence from an induced value experiment," Economics Discussion Papers 2019-38, Kiel Institute for the World Economy (IfW Kiel).
- Ugochukwu, Albert I. & Phillips, Peter W. B., 2019. "Canadian beef and dairy farmers’ attitudes towards animal vaccines," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(4), October.
- Shr, Yau-Huo (Jimmy) & Zhang, Wendong, 2024. "Omitted downstream attributes and the benefits of nutrient reductions: Implications for choice experiments," Ecological Economics, Elsevier, vol. 222(C).
- Bodo Herzog, 2018. "Valuation of Digital Platforms: Experimental Evidence for Google and Facebook," IJFS, MDPI, vol. 6(4), pages 1-13, October.
- Frings, Oliver & Abildtrup, Jens & Montagné-Huck, Claire & Gorel, Salomé & Stenger, Anne, 2023.
"Do individual PES buyers care about additionality and free-riding? A choice experiment,"
Ecological Economics, Elsevier, vol. 213(C).
- Oliver Frings & Jens Abildtrup & Claire Montagné-Huck & Salomé Gorel & Anne Stenger, 2023. "Do individual PES buyers care about additionality and free-riding? A choice experiment," Post-Print hal-04192829, HAL.
- Boyce, Christopher & Czajkowski, Mikołaj & Hanley, Nick, 2019.
"Personality and economic choices,"
Journal of Environmental Economics and Management, Elsevier, vol. 94(C), pages 82-100.
- Christopher Boyce & Mikolaj Czajkowski & Nick Hanley, 2017. "Personality and Economic Choices," Discussion Papers in Environment and Development Economics 2017-08, University of St. Andrews, School of Geography and Sustainable Development.
- Christopher Boyce & Mikołaj Czajkowski & Nick Hanley, 2017. "Personality and Economic Choices," Working Papers 2017-11, Faculty of Economic Sciences, University of Warsaw.
- Palma, Marco A. & Ness, Meghan L. & Anderson, David P., 2015. "Buying More than Taste? A Latent Class Analysis of Health and Prestige Determinants of Healthy Food," 2015 Conference (59th), February 10-13, 2015, Rotorua, New Zealand 202566, Australian Agricultural and Resource Economics Society.
- Tuan, Tran Huu & Navrud, Stale, 2009.
"Applying the dissonance-minimising format to value cultural heritage in developing countries,"
Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 1-17.
- Tran Huu Tuan & Stale Navrud, 2009. "Applying the dissonance-minimising format to value cultural heritage in developing countries ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 327-343, July.
- Mahieu, Pierre-Alexandre & Andersson, Henrik & Beaumais, Olivier & Crastes dit Sourd, Romain & Hess, François-Charles & Wolff, François-Charles, 2017.
"Stated preferences: a unique database composed of 1657 recent published articles in journals related to agriculture, environment, or health,"
Review of Agricultural, Food and Environmental Studies, Institut National de la Recherche Agronomique (INRA), vol. 98(3), November.
- Pierre-Alexandre Mahieu & Henrik Andersson & Olivier Beaumais & Romain Crastes dit Sourd & Stephane Hess & François-Charles Wolff, 2017. "Stated preferences: a unique database composed of 1657 recent published articles in journals related to agriculture, environment, or health," Review of Agricultural, Food and Environmental Studies, Springer, vol. 98(3), pages 201-220, December.
- Pierre-Alexandre Mahieu & Henrik Andersson & Olivier Beaumais & Romain Crastes dit Sourd & Stephane Hess & François-Charles Wolf, 2017. "Stated preferences: a unique database composed of 1657recent published articles in journals relatedto agriculture, environment, or health," Review of Agricultural, Food and Environmental Studies, INRA Department of Economics, vol. 98(3), pages 201-220.
- Ewa Zawojska & Pierre-Alexandre Mahieu & Romain Crastes & Jordan Louviere, 2016. "On a way to overcome strategic overbidding in open-ended stated preference surveys: A recoding approach," Working Papers 2016-34, Faculty of Economic Sciences, University of Warsaw.
- Frondel Manuel & Kutzschbauch Ole & Sommer Stephan & Traub Stefan, 2017.
"Die Gerechtigkeitslücke in der Verteilung der Kosten der Energiewende auf die privaten Haushalte,"
Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 18(4), pages 335-347, November.
- Frondel, Manuel & Kutzschbauch, Ole & Sommer, Stephan & Traub, Stefan, 2017. "Die Gerechtigkeitslücke in der Verteilung der Kosten der Energiewende auf die privaten Haushalte," RWI Materialien 113, RWI - Leibniz-Institut für Wirtschaftsforschung.
- Wiktor Adamowicz & Mark Dickie & Shelby Gerking & Marcella Veronesi & David Zinner, 2014.
"Household Decision Making and Valuation of Environmental Health Risks to Parents and Their Children,"
Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 1(4), pages 481-519.
- Wiktor Adamowicz & Mark Dickie & Shelby Gerking & Marcella Veronesi & David Zinner, 2013. "Household Decision-Making and Valuation of Environmental Health Risks to Parents and their Children," NCEE Working Paper Series 201306, National Center for Environmental Economics, U.S. Environmental Protection Agency, revised Dec 2013.
- Roy Brouwer & Solomon Tarfasa, 2020. "Testing hypothetical bias in a framed field experiment," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 68(3), pages 343-357, September.
- Cabeza Martínez, Begoña, 2023. "Social preferences, support for redistribution, and attitudes towards vulnerable groups," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 107(C).
- Chorus, Caspar & van Cranenburgh, Sander & Daniel, Aemiro Melkamu & Sandorf, Erlend Dancke & Sobhani, Anae & Szép, Teodóra, 2021. "Obfuscation maximization-based decision-making: Theory, methodology and first empirical evidence," Mathematical Social Sciences, Elsevier, vol. 109(C), pages 28-44.
- John A. List & Robert P. Berrens & Alok K. Bohara & Joe Kerkvliet, 2004.
"Examining the Role of Social Isolation on Stated Preferences,"
American Economic Review, American Economic Association, vol. 94(3), pages 741-752, June.
- Robert Berrens & Alok Bohara & Joe Kerkvliet & John List, 2004. "Examining the Role of Social Isolation on Stated Preferences," Artefactual Field Experiments 00491, The Field Experiments Website.
- Patricia Champ & Richard Bishop, 2001. "Donation Payment Mechanisms and Contingent Valuation: An Empirical Study of Hypothetical Bias," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(4), pages 383-402, August.
- Waranan Tantiwat & Christopher Gan & Wei Yang, 2021. "The Estimation of the Willingness to Pay for Air-Quality Improvement in Thailand," Sustainability, MDPI, vol. 13(21), pages 1-23, November.
- McNair, Ben J. & Hensher, David A. & Bennett, Jeff, 2010. "Modelling heterogeneity in response behaviour towards a sequence of discrete choice questions: a latent class approach," MPRA Paper 23427, University Library of Munich, Germany.
More about this item
JEL classification:
- D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D60 - Microeconomics - - Welfare Economics - - - General
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:isu:genstf:201501010800001558. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Curtis Balmer (email available below). General contact details of provider: https://edirc.repec.org/data/deiasus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.