How can behavioral economics inform nonmarket valuation? An example from the preference reversal literature

JE Alevy, JA List, WL Adamowicz - Land Economics, 2011 - le.uwpress.org
Psychological insights have made inroads within most areas of study in economics. One
area where less advance has occurred is environmental and resource economics. In this …

Experimental methods and valuation

JF Shogren - Handbook of environmental economics, 2005 - Elsevier
This chapter explores how economists use experimental methods to understand better the
behavioral underpinnings of environmental valuation. Economic experiments, in the lab or …

Reference dependence in iterative choices

J Huber, WK Viscusi, J Bell - Organizational Behavior and Human Decision …, 2008 - Elsevier
Valuation of goods often proceeds from a series of hypothetical pairwise choices. We
examine reference dependence on the outcome of such evaluations in a large-scale study …

Social Psychology and Environmental Economics: A New Look at ex ante Corrections of Biased Preference Evaluation

N Jacquemet, AG James, S Luchini… - … and resource economics, 2011 - Springer
The field of social psychology explores how a person behaves within the context of other
people. The social context can play a substantive role in non-market allocation decisions …

Preferences with and without prices-does the price attribute affect behavior in stated preference surveys?

F Carlsson, P Frykblom, CJ Lagerkvist - Environmental and resource …, 2007 - Springer
The experimental as well as the non-market valuation literature include several examples of
how an introduced price can affect behavior in otherwise not expected ways. It has become …

More in good condition or less in bad condition? Valence-based framing effects in environmental valuation

M Faccioli, K Glenk - Land Economics, 2022 - le.uwpress.org
This study addresses an important gap in the stated preference literature concerning
valence-based framing of discrete choice experiment attributes. Valence-based framing …

Buying/selling price preference reversals: Preference for environmental changes in buying versus selling modes

JR Irwin - Organizational Behavior and Human Decision …, 1994 - Elsevier
Many studies have shown that the most people are willing to pay to obtain an object often is
significantly less than the least they will accept to relinquish the object (ie, selling prices tend …

Behavioral foundations of environmental economics and valuation

JK Horowitz, KE McConnell… - Handbook on experimental …, 2013 - elgaronline.com
For at least 60 years, economists have worked on empirical approaches to measuring the
value of nonmarket goods and services. In its beginnings, this research employed models of …

What experimental protocol influence disparities between actual and hypothetical stated values?

JA List, CA Gallet - Environmental and resource economics, 2001 - Springer
Preferences elicited in hypothetical settings have recently come underscrutiny, causing
estimates from the contingent valuation method to bechallenged due to perceived`` …

Valuation in the lab

JF Shogren - Environmental and resource Economics, 2006 - Springer
Experimental methods have proven useful to explore the power and limits to nonmarket
valuation through stated preference methods. We now understand better how people learn …