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The influence of decision-making rules on individual preference for ecological restoration: Evidence from an experimental survey

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Author Info
Nobuyuki Ito (Graduate School of Economics, Kobe University)
Kenji Takeuchi () (Graduate School of Economics, Kobe University)
Koichi Kuriyama (School of Political Science and Economics, Waseda University)
Yasushi Shoji (Graduate School of Agriculture, Hokkaido University)
Takahiro Tsuge (Faculty of Economics, Konan University)
Yohei Mitani (School of Political Science and Economics, Waseda University)

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Abstract

We conduct an experimental survey to analyze how rules for collective decision-making influence individual preferences concerning nature restoration projects. Our study compares two decision-making rules - a consensus rule and a majority rule - wherein participants decide on a plan concerning nature restoration in the Kushiro Wetland, Japan. Our main finding is that the difference between the individual preferences and collective decision-making is less significant under the consensus rule than the majority rule. Furthermore, there is a larger disparity with regard to the marginal willingness to pay between collective and individual decisions when participants are unsatisfied with the results of collective choice.

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File URL: http://www.econ.kobe-u.ac.jp/RePEc/koe/wpaper/2008/0820.pdf
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File Function: First version, 2008
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Paper provided by Graduate School of Economics, Kobe University in its series Discussion Papers with number 0820.

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Length: 12 pages
Date of creation: Oct 2008
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Handle: RePEc:koe:wpaper:0820

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  1. Kevin C. Urama & Ian Hodge, 2006. "Participatory Environmental Education and Willingness to Pay for River Basin Management: Empirical Evidence from Nigeria," Land Economics, University of Wisconsin Press, vol. 82(4), pages 542-561. [Downloadable!] (restricted)
  2. Sagoff, M., 1998. "Aggregation and deliberation in valuing environmental public goods:: A look beyond contingent pricing," Ecological Economics, Elsevier, vol. 24(2-3), pages 213-230, February. [Downloadable!] (restricted)
  3. Clive L. Spash, 2008. "Deliberative Monetary Valuation and the Evidence for a New Value Theory," Land Economics, University of Wisconsin Press, vol. 84(3), pages 469-488. [Downloadable!] (restricted)
  4. Davis, Jennifer & Whittington, Dale, 1998. ""Participatory" Research for Development Projects: A Comparison of the Community Meeting and Household Survey Techniques," Economic Development and Cultural Change, University of Chicago Press, vol. 47(1), pages 73-94, October.
  5. Guttman, Joel M., 1998. "Unanimity and majority rule: the calculus of consent reconsidered," European Journal of Political Economy, Elsevier, vol. 14(2), pages 189-207, May. [Downloadable!] (restricted)
  6. Richard B. Howarth & Matthew A. Wilson, 2006. "A Theoretical Approach to Deliberative Valuation: Aggregation by Mutual Consent," Land Economics, University of Wisconsin Press, vol. 82(1), pages 1-16. [Downloadable!] (restricted)
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