RT Journal Article
SR Electronic
T1 Information Use and Its Effects on the Valuation of Agricultural Genetic Resources
JF Land Economics
JO Land Econ
FD University of Wisconsin Press
SP 337
OP 354
DO 10.3368/le.98.2.090319-0127R1
VO 98
IS 2
A1 Tienhaara, Annika
A1 Ahtiainen, Heini
A1 Pouta, Eija
A1 Czajkowski, Mikołaj
YR 2022
UL http://le.uwpress.org/content/98/2/337.abstract
AB This article examines the effects of information on stated preferences for an unfamiliar environmental good: agricultural genetic resources. We define two groups of respondents based on their use of additional information, and we model information use and its effect on individual preferences and scale. Our findings indicate that sociodemographic and attitudinal variables affect the use of information. We observe individual preference heterogeneity but no significant differences in scale between the information groups. The results highlight the importance of genetic resource conservation and controlling for the effects of information use in choice experiment models for unfamiliar goods. (JEL Q51, Q57)