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Decomposition of Warm Glow for Multiple Stakeholders: Stated Choice Valuation of Shellfishery Policy

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  • Paulo A. L. D. Nunes
  • Arianne T. de Blaeij
  • Jeroen C. J. M. van den Bergh

Abstract

A monetary valuation study of marine management in the Dutch Wadden Sea, the largest natural area of the Netherlands, is presented. The study is motivated by a conflict between shellfisheries and large populations of birds that forage on cockles. Different management scenarios are valued using multiple stakeholders, namely Dutch citizens, local residents, tourists, policy makers, and natural scientists. A considerable difference in willingness to pay (WTP) between these groups is found. In addition, the influence of motivational profiles is examined. Estimates confirm the presence of two such motivations, namely, material and moral warm glow. These allow for decomposition and correction of the WTP estimates.

Suggested Citation

  • Paulo A. L. D. Nunes & Arianne T. de Blaeij & Jeroen C. J. M. van den Bergh, 2009. "Decomposition of Warm Glow for Multiple Stakeholders: Stated Choice Valuation of Shellfishery Policy," Land Economics, University of Wisconsin Press, vol. 85(3), pages 485-499.
    • Handle: RePEc:uwp:landec:v:85:y:2009:i:3:p:485-499
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    References listed on IDEAS

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    1. Hanley, Nick & Mourato, Susana & Wright, Robert E, 2001. "Choice Modelling Approaches: A Superior Alternative for Environmental Valuation?," Journal of Economic Surveys, Wiley Blackwell, vol. 15(3), pages 435-462, July.
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    6. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D. With contributions by-Name:Adamowicz,Wiktor, 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304.
    7. Nunes, Paulo A. L. D. & Schokkaert, Erik, 2003. "Identifying the warm glow effect in contingent valuation," Journal of Environmental Economics and Management, Elsevier, vol. 45(2), pages 231-245, March.
    8. repec:ucp:bkecon:9780226316529 is not listed on IDEAS
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    Citations

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    Cited by:

    1. Nico Polman & Arianne de Blaeij & Stijn Reinhard & Louis Slangen, 2011. "Landscape and the commercial benefits of recreation," ERSA conference papers ersa10p910, European Regional Science Association.
    2. Interis, Matthew G. & Haab, Timothy C., 2014. "Overheating Willingness to Pay: Who Gets Warm Glow and What It Means for Valuation," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 43(2), pages 1-13, August.
    3. Endre Kildal Iversen & Kristine Grimsrud & Yohei Mitani & Henrik Lindhjem, 2022. "Altruist Talk May (also) Be Cheap: Revealed Versus Stated Altruism as a Predictor in Stated Preference Studies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(3), pages 681-708, November.
    4. Taro Ohdoko & Kentaro Yoshida, 2012. "Public preferences for forest ecosystem management in Japan with emphasis on species diversity," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 14(2), pages 147-169, April.
    5. van den Bergh, Jeroen C.J.M., 2008. "Environmental regulation of households: An empirical review of economic and psychological factors," Ecological Economics, Elsevier, vol. 66(4), pages 559-574, July.
    6. Stephen Hynes & Daniel Norton & Nick Hanley, 2013. "Adjusting for Cultural Differences in International Benefit Transfer," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(4), pages 499-519, December.
    7. Svenningsen, Lea S. & Jacobsen, Jette Bredahl, 2018. "Testing the effect of changes in elicitation format, payment vehicle and bid range on the hypothetical bias for moral goods," Journal of choice modelling, Elsevier, vol. 29(C), pages 17-32.
    8. Hynes, Stephen & Norton, Daniel & Hanley, Nick, 2012. "Accounting for Cultural Dimensions in Estimating the Value of Coastal Zone Ecosystem Services using International Benefit Transfer," Working Papers 148828, National University of Ireland, Galway, Socio-Economic Marine Research Unit.
    9. Baulcomb, Corinne & Böhnke-Henrichs, Anne, 2014. "A Review of the Marine Economic Valuation Literature 1975 – 2011: Classifying Existing Studies by Service Type, Value Type, and Valuation Methodology," Working Papers 190935, Scotland's Rural College (formerly Scottish Agricultural College), Land Economy & Environment Research Group.

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    More about this item

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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