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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.

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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 85 (2009)
Issue (Month): 3 ()
Pages: 485-499

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Handle: RePEc:uwp:landec:v:85:y:2009:i:3:p:485-499

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Web page: http://le.uwpress.org/

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Cited by:
  1. 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, Socio-Economic Marine Research Unit, National University of Ireland, Galway 148828, Socio-Economic Marine Research Unit, National University of Ireland, Galway.
  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, Northeastern Agricultural and Resource Economics Association, vol. 43(2), August.
  3. van den Bergh, Jeroen C.J.M., 2008. "Environmental regulation of households: An empirical review of economic and psychological factors," Ecological Economics, Elsevier, Elsevier, vol. 66(4), pages 559-574, July.
  4. Taro Ohdoko & Kentaro Yoshida, 2012. "Public preferences for forest ecosystem management in Japan with emphasis on species diversity," Environmental Economics and Policy Studies, Society for Environmental Economics and Policy Studies - SEEPS, Society for Environmental Economics and Policy Studies - SEEPS, vol. 14(2), pages 147-169, April.
  5. 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.

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